After reaching the 1.25 target from my previous analysis posts price has reacted well and the next likely path is down towards the 1.15 area and below. At this level we have a nice newly created weekly DEMAND/BUY zone which sits on top of a huge monthly zone also sitting bang in the middle of this weekly zone is the 2020 low at 1.14. I will be looking for long...
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GBPUSD SELL @1.37700 TP1 @1.37500 TP2 @1.37200 TP3 @1.36700 SL @1.38200 Note:- Use exact entry or below this level.
gbpaud is forming channel . and now this is at the strong support level it has maximum chances to go
USD/JPY Monthly Zone of Support (¥104)
from last analysis which i tagged below you will understand well how gbpusd will sell so right now i see a retest this monday
we continue placing our sell order as the bearish impulse move plays out. risk reward ratio is very high. Risk management is the key Kindly push the like button if you think the idea is useful - that would be the best THANK YOU
Signal no.5 Sell Gbp/Usd @ 1.2160 Tp - 1.2085 & 1.2030 Resistance around 1.2178
Nov 16 2015: BEARISH GBPUSD 1 Hour; RSI bearish hidden divergence (Analysis Based on 1 hour chart) Observations 1. Price in short term bear channel; 2. Price at 4 hour SR zone 3. RSI overbought at swing high 4. RSI bearish hidden divergence 5. Potential bearish BAT pattern NOTE: Wait for price action to confirm the importance of this level. If you find this...