GBPUSD should find support at 0.236 Fib levels and extend further to 0.5 levels at 1.5164.
Anticipate for PRICE BREAKOUT. Buy above : 1.51270 Sell below : 1.50826
Accumulative pips generated +146 pips. For today it's +40 pips. Happy trading people!!
Daily Channel support for $GBPUSD at 1.4960-1.4983. Lookout for a long opportunity.
Following my post on this pair early last week, the market didn't do what I expected it to do on this occasion but hey losing is part of the game & besides based on the results my back-testing on this pattern I know it only has a 60% winning ratio so that's 2 winners from last week and a loser on this pair.
Confide for price breakout. Buy above : 1.51270 Sell below : 1.50826
Hope for price breakout. Buy above : 1.51270 Sell below : 1.50826
Expect for price breakout. Buy above : 1.51270 Sell below : 1.50825
Predict for price breakout. Buy above : 1.51820 Sell below : 1.51270
Hope for price breakout. Buy above : 1.53049 Sell below : 1.52709
On this chart you can see a potential short setup. SL - 1.52400 TP - 1.51380 If you like my post, please take a second and hit that LIKE button.
Expect for price breakout. Buy above : 1.52160 Sell below : 1.51820
Envisage for price breakout. Buy above : 1.52160 Sell below : 1.51820
Confide for price breakout. Buy above : 1.52434 Sell below : 1.52160
If it breaks the black line, it will directly going to hit 50 pips take profit without hitting the stop loss insha"allah.
There is a potential +150 Pips Short Setup on GBPUSD. Based on our Analysis; price has completed retraced on 0.382 fib. retracement & Hopefully price will continue bearish. TP is on lower support level 1.5030 and if price breakout lower then, next TP should be 1.5005. This setup has a good Risk Reward Ratios, 1 : 4.
Predict for price breakout. Buy above : 1.51820 Sell below : 1.51270
Many of you are expecting, that price will fall down after testing trendline. But there is possible stophunting, because this signal is obvious, so I will wait carefully at 1.557 area for priceaction, that will confirm my entry to short