H1 - Strong bullish momentum. Higher highs. No opposite signs. Until the strong support zone holds I expect the price to move higher further after pullbacks.
This is for short term Marked Possible Buy zone Once Reached Entry zone Look for Liquidity sweep and BOS in LTF then Enter And this is risky too. Please DYOR before entering the trade.
making another entry following the trend hoping that it manipulates the Asian session
For today's GU breakdown I will be looking for buys from current price as it has tapped in a nice 6hr demand zone that has caused a BOS to the upside. As we have seen from last week's GU analysis we did anticipate scenario (A) to play out and it did so perfectly. Now, we are looking for buys back up as it has filled in the major imbalances left from before. On...
GBPUSD experienced a continuous downtrend in its latest session, but the descent was tempered by a rebound towards the session's close. An interesting observation is the appearance of a bullish pin bar pattern on the daily chart, signaling a reduction in selling pressure. This implies a possible end to the correction phase and an increased probability of the price...
From the analysis on the H4 chart, it's evident that the price has recently rebounded from 1.2326, marking it as a retracement support level. Our target is set at 1.2361, which is identified as a retracement resistance level. We've also established Support at 1.2267, a level characterized as a retracement support.
GBPUSD breaking the nearest resistance. This pair has positive correlation with EURUSD which looks alike price movements. It's now on "QM Buy" zone, consider to looking for buy opportunity. Safer entry after trendline breakout. It's time to buy?
1D Timeframe Transitioning from a bullish to a bearish trend. Awaiting confirmation by the market to break the IDM (Inducement) level before proceeding further to the downside. Alternatively, managing overbought conditions (OB-s). 15MIN Timeframe Shifting towards a bullish direction. Looking for market confirmation to breach the IDM level before considering...
Aug 28 Hello Traders In This Chart GBPUSD HOURLY Forex Forecast By FOREX PLANET today GBPUSD analysis 👆 🟢This Chart includes_ (GBPUSD market update) 🟢What is The Next Opportunity on GBPUSD Market 🟢how to Enter to the Valid Entry With Assurance Profit This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding...
GBP/USD Price: After a massive drop, the price has successfully created support and is now creating L.H Long trade in 15 Min TF.
⚡️The Pound Sterling (GBP) rebounds strongly as bearish market sentiment eases, while the broader bias is still vulnerable. The GBP/USD pair recovers swiftly ahead of the United Kingdom’s Employment report for July, which will demonstrate current labor market conditions. Investors will keenly focus on wage growth momentum, which has remained a major trigger for...
⚡️The US Dollar (USD) continues to gain strength from the ongoing series of positive economic data regarding the state of the US economy. The US Dollar Index (DXY), a gauge of the Greenback's performance against six other major currencies, is currently trading around 104.90, although below the highest recorded on Thursday since from April. ⚡️The US Federal...
⚡️The Pound Sterling (GBP) weakened further after S&P Global reported that the United Kingdom’s service sector started shrinking due to infirm demand from households and the private sector amid a high-interest rate environment. The GBP/USD pair is attempting a recovery after printing a fresh 11-week low, though it could be used as a selling opportunity by market...
⚡️The Pound Sterling (GBP) strives for a meaningful recovery after an intense sell-off, which was propelled by deepening recession risks. The recovery attempt by the GBP/USD pair seems delicate as UK factory activities face the wrath of higher interest rates by the Bank of England (BoE). Britain firms have shifted their focus on stabilizing margins and easing cost...
The GBPUSD outlook has formed a descending triangle which signals a bearish trend in general however after a recent consolidation beneath the base of the triangle and the bulls have managed to break through the descending trendline for a potential retest of the EMA-200 resistance on the 4-HR time frame. The GBPUSD is set to rise to retest the hypotenuse...
Risk 0.5% TP1 = 1:2 RR Disclaimer: The contents in this Idea are intended for information purpose only and do not constitute investment recommendation or advice. Nor are they used to promote any specific products or services. They serve as an integral part of a case study to demonstrate fundamental concepts in risk management under given market scenarios. A...
I'm using supply and demand on H1 timeframe and in 1D timeframe e the market structure is looking bullish
Hi fellow traders, GBPUSD looks ready for a buy opportunity from the blue box area after completing this ABC correction. The trade will be invalidated if we break the red line. Target the resistance levels. Good luck and trade safe!