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...
GBPUSD has been showing bullish signs in the recent days and it may be a good time to buy the currency as it has the tendency to rally up to 1.22500 and then 1.23000. One of the key factors supporting this prediction is the divergence on TDI (Traders Dynamic Index) which is a technical indicator that helps to identify trend strength and potential trend...
As a student of SMC, I've just spotted GBPUSD might be having a reversal of trend on the Daily timeframe as it already formed an inverted H&S on a downtrend.There is liquidity before that, market might have just grab the liquidity and may reverse at anytime. There is also a divergence formed between Market Price and RSI. Drop down what do you think of this idea...
looking Bullish trend in 4h timeframe bec price breakout falling channel
Last Week GBPUSD Has Shown a Bullish strength Technically and fundamentally..Technically Mitigated a Demand Zone. Thereby Breaking a structure Off 1.2000 Round number.This week I look Forward to a short Term Sells into the Demand Zone and long term buys from the Demand zone..
Hello ! GBPUSD Broke The Channel Successfully Now If GPBUSD Retest The Channel At 1.2050 Area Then You Can Take A Long Position For 1.2150 Area . I Hope It Will Work And Give Us Good Pips . Thank You
#GBPUSD - At present the MARKET SENTIMENT for GBPUSD is slightly on the DOWN SIDE. All MARKETS including STOCKS and STOCKS may be UP due to MARKET RISK being ON in the past days. It affects the POUND greatly. GBPUSD may be slightly UP this week. Anyway, because the FED is a bit HAWKISH, the XXXUSD PAIRS are getting slightly downward PRESSURE. - The price...
As detailed on my chart, I am looking to sell for about 50pips, and then buy for about 80pips to conclude the bullish move for this week. It's been a good ride. Next week might see massive bearish moves.
I would be looking for a pullback setup to 88.6, then a sell before the final buy of this week. Price action is showing steady exhaustion to the bullish run of the week.
According to SMC , We have a two trades entry for long on GBP/USD pair as following : TRADE 1: ENTRY @ 1.20597 SL @ 1.20451 TP @ 1.21162 RRR : 1:3.87 TRADE 2: ENTRY @ 1.19910 SL @ 1.19707 TP @ 1.20758 RRR : 1:4.18 GOOD LUCK GUYS ...
#GBPUSD - Currently the MARKET SENTIMENT for GBPUSD is on the UP SIDE. All MARKETS including STOCKS and STOCKS may be UP due to MARKET RISK being ON in the past days. It affects the POUND greatly. GBPUSD may be slightly UP this week. - The price can definitely move up to the resistance level above the GBPUSD. The reason for that is because there is a...
gbpusd might continue to the upside a continuation pattern might be at play
I hope you get the picture :) I will be posting on here every day. Thanks for the recognition and thanks for sticking around!
The resistance zone is not broken and the bearish divergence makes my idea bearish with the marked values.
FX:GBPUSD Break and retest on GBPUSD for a potential move to the upside
on the1h timeframe we see bullish again bec follow falling wedge pattern and elliotwave
w; bearish d; bearish 4h; bearish my confluences; a break of a strong support and resistance zone the break of the structure LL with an engulfing candle broke below the 50/20ema which it already did 1h engulfing candle break bellow the ema's and away from the 14ema sl; above the nearest structure that could be near 200ema tp; next s/r sentimentally;...