Great opportunity for the day to buy GBPUSD, entry at 1.27745 stops below 1.2767 targets above 1.2837. Use proper money management.
On a Bearish day price will typically fall to the 3or 4th Standard Deviation. Check the DXY: it should be very strong. That's your confluence for this sell. Never Over leverage. Trust your trade set up. Have a great week of trading!!!!
GBPUSD could fall towards a key overlap support and potentially reverse from here. We could see price bounce up to our take profit target. Entry: 1.26800 Why we like it: There is an overlap support that sits above the 38.2% Fibonacci retracement level Stop Loss: 1.25968 Why we like it: There is an overlap support that sits under the 50.0% Fibonacci retracement...
Our 12 am Candle indicated we are BEARISH. So we wait for the algorithm to raid Liquidity above the MZ. The DXY is HEAVY Bullish now. Which confirms our sell on EURUSD. EURUSD will sell typically to the 3rd or 4th Standard Deviation on a Bearish day:) Never Over Leverage. Trust your trade set up. Have a Great Weekend!
GBPUSD Currently is at a very crucial level trading near 1.26600. This level represents such significance on the weekly & monthly chart, that if broken properly it could see this pair rise higher and the probability of targeting upcoming resistance would highly likely increase. Current 1.26600 level represents an important supply zone that is still intact. In...
GBPUSD could rise into a key resistance level and potentially reverse from here. We could see price move down to our take profit target. Entry: 1.26084 Why we like it: There is an overlap resistance that sits just above the 78.6% Fibonacci retracement level Stop Loss: 1.26809 Why we like it: There is a swing-high resistance on 10th May Take Profit: 1.25334 Why...
GBPUSD is rising into an overlap resistance that sits just under the 78.6% Fibonacci retracement level. Price could hit the sell entry at 1.25769 and potentially reverse to drop lower. Take profit is at 1.24953 which is a recent swing-low support. Stop loss is at 1.26525 which is an overlap resistance. Any opinions, news, research, analyses, prices, other...
WE ARE BEARISH. THE DXY IS BULLISH. Therefore on a bearish day we expect price to IMPULSE to a AREA of Liquidity right above our Morning Zone before the dump in confluence with the DXY being BULLISH. WE EXPECT A DUMP TO THE 3RD OR 4TH SD. NARRATIVE: MONDAY JUNE 12, 2023 2:58AM EST Never Over Leverage. Large Trading Accounts are grew over time through...
GBPUSD H4 We spoke about GBPUSD yesterday, especially this 1.24 long handle. From this zone we are happy with our longs being taken from somewhat a higher TF area of support (H4). Hopefully we get off the ground here and break above 1.24500, and then retest as support to see out this HH/HL trend for a while, possible taking us up to around 1.26.
GBPUSD could approach a key resistance level and potentially reverse from here. We could see price move down to our take profit target. Entry: 1.24585 Why we like it: There is an overlap resistance Stop Loss: 1.25465 Why we like it: There is an overlap resistance that sits above the 61.8% Fibonacci retracement level Take Profit: 1.23495 Why we like it: There is...
GBPUSD is falling towards a key overlap support and could potentially reverse from this level. Price could hit our buy entry at 1.23766 and bounce up from here. Our stop loss will be at 1.23320 which is an overlap support. The take profit level will be at 1.24486 which is an overlap resistance. Any opinions, news, research, analyses, prices, other information, or...
GBPUSD last week closed positive, however, the bearish undertone observed on the final trading day. This occurrence heightens the probability of the forthcoming trading week commencing on a downward trend. If the pair is rejected below 1.23948, the likelihood of a retest of the recently established high at 1.23948 increases. In the event that the GBPUSD pair is...
GU shows very promising signs of long opportunity before falling apart from the supply zone.
GBPUSD is approaching a key resistance level and could potentially reverse from here. We could see price move down to our take profit target. Entry: 1.24681 Why we like it: There is an overlap resistance that sits just above the 38.2% Fibonacci retracement Stop Loss: 1.25323 Why we like it: There is an overlap resistance Take Profit: 1.23495 Why we like...
As expected EURUSD has fallen out of the Morning Zone and is headed to the 4th Standard Deviation which just so happens to be the EXTREME levels of EURUSD. We Anticipate a W formation around 6:30-7:30am est. BEWARE OF NEWS!!!!! But if you get in now you can avoid the news and be done:) Never over leverage. Trust your set up and give the trade time to...
GBPUSD is rising towards a key overlap resistance and could potentially reverse from this level. Price could hit our sell entry at 1.23947 and potentially move lower from here. Our stop loss will be at 1.24702 which is an overlap resistance. The take profit level will be at 1.23089 which is a recent swing-low support. Any opinions, news, research, analyses,...
GBPUSD is rising towards a key resistance level and potentially reverse from here. We could see price drop down to our take profit target. Entry: 1.23996 Why we like it: There is an overlap resistance that aligns close to the 23.6% Fibonacci retracement Stop Loss: 1.24665 Why we like it: There is an overlap resistance Take Profit: 1.23081 Why we like it: There...
GBPUSD could rise towards a key overlap resistance and could potentially reverse from this level. Price could hit our sell entry at 1.23921 and potentially move lower from here. Our stop loss will be at 1.24486 which is an overlap resistance that aligns with the 38.2% Fibonacci retracement. The take profit level will be at 1.23090 which is a recent swing-low...