this is 1h imbalance. we have a lot of order in these 2 zones. it may not touch target. but its certainly not fail in first touch , you just need to manage this pos.
*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...
breaking bulish pennant chart pattern in h1 tf incaase of successful breakout expecting another 120 to 160 pips bulish wave
over all moving in descending broadening wedge in daily tf bad thing for gbpusd is that gbp has broke counter trendline witch is not good for gbp currently retesting trendline incase of successful retest expecting minimum300 to 400 pips bearish move for reversing long downtrend gbpusd needs to break descending broadening wedge incase of breakout expecting 5 to...
analysis was shared few days ago and now running in 250+ pips profit
The GBP/NZD has continued to sink from its recent high of 2.032 and is now well below the 2.000 level that the pair closed below on Tuesday. A major factor determining the movement of this pair is the respective inflation rates data from each country that was released this week. The annual Inflation rate for the United Kingdom rose back to 10.1% in September...
This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck.
GBPUSD try to create a classical Double Bottom at 1.143xx, Then GU gonna fly to trend line resistance. Target Profit: 1.186xxx DISCLAIMER Remember, there is no place for luck in trading - only strategy! This analysis can change at anytime without any update and it is only for the purpose of assisting traders to make independent investments decisions. We...
GBPUSD created this structure on 15min. Daily bias has bullish context now after creation of bullish candles and a logical zone to go higher and mitigate. Now, that doesn't need to happen and we are overall bearish for GU, however it's possible to find an entry IF lower timeframes confirm the zone on 15min. 📉 Text marks: 🔹 IL = impulse leg. Inside of IL we can...
The death of Queen Elizabeth II on Sept. 8 beaconed a new era for the UK, coming on the heels of Elizabeth Truss taking office as prime minister and heralding the proclamation of King Charles as the new monarch. These changes could be overwhelming for a country that has known only one monarch for 70 years. Even more daunting is that these changes happened amid...
As the UK will announce a new Prime Minister on September 5th, we might expect heightened volatility in the GBP in the days before and after the election result. Moreover, the new policymaker has the potential to change the long-term trend of the pound, with the potential reforms conducted impacting the UK economy. Only a few days remain until the new prime...
Australian dollar fell after building approval data came at -17%, while only -5% was expected. GBPAUD had broke the resistance of the falling wedge pattern. RSI is above 50 and MACD histogram is above 0 line, plus the instrument is above both its 20 and its 50 MA, which is a bullish scenario. If this scenario continues, we might see increase of the instrument's...
In the chart of GBP/CHF you may see a good chance to get profit and some risks
Hi, this is my new update for GBP/CAD. We finally broke the trendline yesterday and today we have backtested both the trendline and the 50 days moving average. I expect we are going to hold it.
FX:EURGBP The blue and red lines mean: I think prices can return in these areas. Green lines mean: I think the price can reach these areas. They are therefore known as transaction targets. If you want to use this deal, please risk only one percent of your account balance.
Technical Analysis Summary GBP/USD TREND ANALYSIS We have 1 Uptrend in green color (LONG TERM) We have 1 Downtrend in red color (LONG TERM) Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend). FUTURE PREDICTIONS We have many resistance and support levels that I have mentioned above. I use thickness as an indicator of...
The pound is at the extreme of her ADR 101PIPS. 10 pips over. Thus the pull back. Aim for structure of the Morning Zone. Tight SL. Great Long Set Up! Never over leverage. Trust your set up. Have Fun!
FX:GBPUSD The blue and red lines mean: I think prices can return in these areas. Green lines mean: I think the price can reach these areas. They are therefore known as transaction targets. If you want to use this deal, please risk only one percent of your account balance.