AS I can see this pair make a double top on 4hr TF and break a strong support zone which confirm us more bears entering in the market to dump this pair till our design levels there is a lote of other reasons to sell this pair now which i cannot define here so this technical view showing us some new entry levels Friends push like and Comments we love ur support...
In the 240-minute chart, by price retracement from the range of 1.3446, the Diagonal pattern represents itself. The interesting thing in this chart was the 3rd wave from this pattern, which was in the form of a confusing Double Zigzag. The targets of the bullish trend can be extended up to the range of 1.3750.
The structure of the wave is in the form of three waves, and there is a scenario that we encounter the Diagonal pattern. Probably the 5th wave is shortened. By crossing the price from the range of 1.3539, we are waiting for a downtrend in the 2 / A wave.
As i am watching this chart GBPUSD break a strong resistance zone and fundamentally post Brexit deal done which is showing strength in GBP against $ so we are buying this pair from support zone and looking for some bigger rewards against small risk friends push like and comments Follow us for more updates
As you know, the price level of 1.3132 is a very important range, and if our price crosses this range, our scenario will be changed. According to the wave count in the 240-minute chart, wave iv has ended in the range of 1.3132 and the uptrend has started in wave V, which its targets can be in the range of 1.3900, the wave count has shown in the 60-minute chart.
As we can see this pair had a successful breakout on daily based resistance which now hold as a support as we had predict in our previous analysis which is on weekly based now we are buying this pair from key level support with small risk and looking for higher rewards Traders dont forget the Brexit Deal is still holding for a hope if this support zone is most...
Price will continue the upward trend towards Buy-Side Liquidity. This is the direction of institutional order flow and also the position of large pools of liquidity. This liquidity exists in the form of buy stops for breakout traders and also stop losses for short position traders. High probability of long setups forming toward this liquidity pool.
As we can see this pair is still trading inside channel and we are selling this from a strong resistance level & Brexit talks ahead so this pair can be violent so trade with proper risk managements friends push like if you like our idea it help alote of peoples to trade Follow us for more updates
“iii “Wave is completed with the Ending Diagonal pattern in the range of 1.3539 and the corrective movement of wave iv is completed in the range of 1.3223. By crossing the price from range of 1.3437, we can be hopeful to continue the uptrend in the v-wave from the 5th point, with the targets of 1.3946.
With the breaking out of the downtrend line in the weekly chart, the Ending Diagonal pattern has been completed and the price is completing the first uptrend in the daily chart, which can be extended up to the target of 1.3948. In addition, we must note as long as the price does not cross the range of 1.4377, we cannot comment on the uptrend with certainty. in...
( Weekly Chart ) At the end of November, we returned to the weekly chart to see the general trend. By drawing the trend line, it became clear that the downtrend line has been broken, in this case, we should not think about the downtrend at all! Also, the structure of the ending-trend waves is in a 3 -wave format, which represents the Diagonal pattern, and due to...
GBPUSD – There is the sign of probability of completing the corrective uptrend The range 1.3482 is a very important range for us, which by crossing the price from this range, we will encounter changing the trend. Currently, according to Fibonacci percentages, there is a scenario that wave 2 has ended in the range of 1.3398. The first confirmation for the advent of...
The probability that it will be able to break through the third is minimal. I expect the price to fall from this resistance zone to the support zone (also at the intersection of the lines. The target is 1.3000 Friend push like button and follow us for more updates we appreciate ur comments & like
now this pair is trading above a support level and we expected a strong $ and a bearish market against $ as soon it will break the current channel and support line we will enter to sell this pair on dip without any emotions with a low risk and aiming for higher rewards friend it will a help to me that you push like and follow us for more updates
as we see brexit talks in move and pound is in a big selling pressure with no deal and against pound if we see $ DXY it is moving to upward and looking for more up moves so we are selling this pair with a low risk and higher rewards friend we appreciate ur likes and Comments if you like our idea follow us for more updates
The first the downtrend has ended in the range of 1.2675 and the price has entered the corrective phase of this downtrend, which can be extended up to the targets of 1.3176. (Wave 2) we must keep in mind that wave 2 can be ended in the range of 1.3082, in which the down the trend has started in 3rd wave, by crossing the price from the range of 1.2675, can continue...
Hello and welcome back. If you found this idea helpful, please leave a like. GBPUSD looks like it wants to go lower. I see lower prices at least in the beginning of the week. My first objective would be 1.2845 and if we were to go lower, then the green and blue lines would be the next targets. Come the middle of the week, I will post an update. Depending on how...