For background information, see related ideas - Strength evaluation is now taking place, however because event listeners are connected possibly in preparation for Buys, you should be careful of unexpected movements. Observe your DD! Reminder: Use caution when trading now more than ever before because significant movements are anticipated.
stagflation is the base case for the UK! I cant see the Tories winning in 24months time, so I expect the pound to start pricing in a Labour victory, which also means a spending round to get public services back to par! I really think the pound is now like a 3rd world country, when Labour comes into power, it will target the very rich, those who are mobile, and I...
Cable is now showing bearish outlook after breaking the ascending trendline trailing the pair bullish trend since Sept '22. Expected the pair to re-test recent high AND IF rejected, GBPUSD most likely will revert to its mean zone. N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
The Market Price Action Algorithm has presented us with a potential long opportunity at London Session Rollover. Depending on how price reacts at this level, I may place a buy trade. I'm expecting this area to be approached close to London session. If I start to see exhaustion of selling energy and nice wicks to the downside in this area, I will be entering the...
*SMT = smart money theory = see relasted tutoprial regarding what smart money is. Sm,art money is how the charts can be manipulated, and how y0ourself can be manipulated into believing a false sense technical analysis. With the price dropping in one day what iyt gained over the course of the week. The price has dropped below sell side liquidity levels, but to...
In this update we review the recent price action in GBPUSD and identify the next high probability trading opportunities and price objectives to target
Still moving in the same direction as the first post. In my opinion, we are getting a complex correction. There is a possible chance of an expanded flat or running to occur given us an ABC structure to complete our Wave B of Wave Z in the bigger degree. The calm before the storm. (I'm ready are you?)
Trade Idea: Buying GBPUD Reasoning: Grinding higher Entry Level: 1.2239 Take Profit Level: 1.2334 Stop Loss: 1.2196 Risk/Reward: 2.19:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all...
Spotted Wyckoff MODEL on GBPUSD in short zone! - Confirmation for shorts - price sets below 1.22
$GBP - A break to either direction! Another day, another a great opportunity for us trades to take advantage of. We are currently choppy between the levels of: 1.22320 Highs - 1.21616 lows. A break to either direction! Have a great day ahead Trade Journal
With GBPUSD bullish momentum, the pair may likely targeting the swing high at 1.26670 towards the trendline... N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
In this update we review the recent price action in GBPUSD and identify the next high probability trading opportunity and price objectives to target
GBPUSD H4 - 4R seen following the move we witnessed yesterday from that 1.21 handle, pullbacks towards 1.20500, a nice area of H4 S/R but also corrective exhaustion, hopefully this is the next zone to sell from.
GBPUSD - Intraday - We look to Buy at 1.1970 (stop at 1.1875) Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. We are trading at overbought extremes. A lower correction is expected. The bias is still for higher levels and we look for any dips to be limited. We therefore, prefer to fade into the dip with a...
Technical & Trade View GBPUSD Bias: Bullish Above Bearish below 1.1950 1.2050 Target Achieved, New Pattern Emerging Technicals Primary support is 1.1950 Primary upside objective 1.22 Next pattern confirmation, acceptance above 1.21 Failure below 1.19 opens a test of 1.1770 20 Day VWAP bullish, 5 Day VWAP bullish Today’s New York Cut Option Expiries: 1.1840...
GBPUSD H4 - Here is the slightly lower timeframe analysis we would be considering, just like the EURUSD short we took yesterday, the price action close on a key retest/zone after buyer exhaustion, no doubt you can see the slowdown in bullishness as we approach this 1.21 handle, a close on the H4 in 30 minutes would be the typical sell signal. Caught with a...