-DXY (US Dollar) is overall bullish, so I will be looking to buy/go long US pairs.
-GU is in an overall downtrend and after some bearish pressure, expecting price to make a retracement.
-Price formed a double top and broke below the neckline, ultimately creating a lower low.
-I am expecting price to make a retracement and potentially stop hunt and test the...
Hey traders, in today's trading session we are monitoring GBPUSD for a selling opportunity around 1.342 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
Hey traders, we are monitoring GBPUSD for a swing selling opportunity around 1.36 zone, once we will receive Any bearish confirmation the trade will be executed.
Trade safe, joe.
Hello Bears, I can see the GBP USD is about to make the third top of the bearish correction, by reaching 1.3430 - 1.3450 support area and got some buying volume will liquidity discharge to the 1.3600 -1.3620 resistance area, going short to pounce back to the support area.
as you can see a vertical line on dates 27/10/2021 and 9/11/2021 these cyclic trends will...
This monthly chart is a possible bullish bias I have for GBPCHF over the long term. A bullish upmove to my 382 @1.76048.
You can see that here:
What is my fundamental reason for this? My theory is that if the vote for new british leader is lost by Boris Johnson, then the Pound is bullish.
Now if this fails, odds are the pound will continue bearish, but if...
We have potential bearish gartley pattern in 4h GBPUSD, as its 4hrs the trade may take more time, so if you are willing to hold for larger time then you can trade this setup. There is another ABCD pattern completion forming around gartley completion zone. As usual stops go above X, check ur ratio's before entering trade bcos everyone uses different ratio for...
GBPUSD is really bullish and rising as fast as it can.. But we have bearish bat and our trade plan always says take trade with discipline, so if bat gets completed I will be initiating short position in GBPUSD and as usual stops go above X levels of the pattern.
Hit Like button to keep me motivated to post more ideas...Thanks for your support !
Happy Trading !!
Hey Guys,
GBPUSD is retesting the resistance area which it broke previously if it's in bearish mode on hourly this resistance will act as point of reversal to downward move. So we are expecting to enter short in GBPUSD only on break of trendline. Sometimes false breakout happens, part of the game. If you are an aggressive trader out there hourly candles are...
