Comrades, the price managed to break its descending channel upwards and continued to rise, but now I expect the price to decrease from the strong static resistance of 1.26000, and I think the price will drop from this area and reach 1.24500. Good luck. Be.
It is expected that the price will change the trend in the current support range and we will see the beginning of the upward trend If the price crosses the green support range, the continuation of the movement trend will be oscillatory and corrective
The price perfectly fulfills my last idea. The price went down and hit the target level. The market broke through the range and made new low. The price is pulling back toward the swing zone at 1.26000. The market reacted to this level before. I expect the price go to support level if the market makes a fake break of the swing zone like long tailed bar or double...
Hello Traders Investors And Community, welcome to this analysis about recent events, the current price-structure, and what we can expect the next hours and days from GBPUSD. As the last times showed GBPUSD formed a high in the so-far struggling uptrend before it confirmed heavy bearish pressure to the downside, according to this case I detected some significantly...
price at 1.25031 waiting for a pull back to the zone of at 1.25031 of the weekly support and resistance or a touch at 50% zone on the fibs and a a strong buy to 1.25870
2023.9.11 the pound led the rise Hello, I'm Older Duan. Today is Monday, September 11th 2023. Now it's 17pm Beijing time. Let me give you a quick comment on the technical forms of the current international mainstream varieties! First, what we see is the daily graph of the dollar index. As shown in the figure, the US dollar index fell down today and has...
Liquidity was taken Higher possibility of a short position for a scalp/day trade 1:3 *For educational purposes only Stop Loss: 1.25430 Entry: 1.25200 TP: 1.24510
GBPUSD failed to return to 4h fvg and will likely to continue down next week. will see how it will react to bearish ob in 15mins and will work from there, unless it shows a strong retrace, it is a bearish bias for next week
GBPUSD CHANGE THE TREND DOUBLE BOTTOM BREAK THE neckline break the trendline confirm with inverted hummer candle stick so we can buy it
A Double Bottom formation is seen on the charts wherein Bullish Divergence is also forming in the RSI chart. The Neckline is broken and a bullish trend with HH and HL is expected . Instant buy entry is suggested
price broke and retested the bearish channel, formed a double bottom and now retested it, enter after 1 hour candlestick bullish confirmation
GBP/USD is starting the week off with what looks to be a possible Double Bottom!! Price was unable to continue further down creating a Higher Low than the previous Low created on Thur. Sept' 7th. With price currently pushing higher now, what can be expected is for a Higher High to be formed where price NEEDS to break 1.25142!! *Price breaking and closing above...
When it comes to trading GBP/USD, a well-thought-out strategy can make all the difference. In this analysis, we'll discuss a potential trade setup that involves retesting a support line and aiming for a resistance line. Remember, patience is key in trading, and risk management is crucial for long-term success. Support Retest: The first step in our analysis is...
↪️Following the violation of a rising trendline originating from the May lows, the primary currency experienced a decline below the significant psychological level of 1.2500. This alteration in direction has caused the pair's bias to shift towards a neutral downward trend and has exposed a crucial support area situated at the May 25 swing low of 1.2308. Breaking...
GU is another pair that is still overall bearish. Clean break and retest below 1.25655 to continue the bearish run. Price ended last week with bearish moves so I'll definitely be looking for another retest to continue the push to the downside for the new week! Looking for a 1:4rr on GU! We'll see how price plays out.
From last weeks bearish move and the break of structure on the weekly timeframe, the daily is printing out LL and LH to the downside and currently at a LL area, and the 4hr is currently above trendline area and a break of the 4hr structure could indicate a daily retrace for a LH and a potential long opportunity to the upside for the early days the week