Multiple confluence point do both an appreciation of the U.S. dollar this week, on the back of multiple structural reversal patterns in both various equity markets but WTI, and vix being over 26 which suggest a bearish trend for the US500 / SPX. Wait for a rejection of the zone in yellow on the 4-hr time to short for a multi-day/week swing to the downside.
This analysis for GBPUSD on time frame 4 Hours. Can entry sell now or P.O SELL price at 1.3100 *2nd option price breakout buy zone can continue entry BUY :) YELLOW - ENTRY GREEN - TAKE PROFIT RED - STOP LOSS If you want update on GBPUSD analysis, Kindly follow and like. Feel free to comment your outlook and Share with your friend. Thanks you!
Goodmorning! Here are the S/R Levels I keep an eye on for Wednesday, February 26. These are Price Points where you at least can expect some pause and possibly a Reversal. You can use these levels to frame a Setup or to exit an Open Position. The darker the area, the more likely Price has a difficulty to break through. My goal is to help you identify logical...
GBPUSD Going Upside Continue Making Higher High and Now i am Expecting Short Term Sell then Buy For Next Impulse. Best of Luck
GBPUSD has begun the process of retracement since the beginning of this week after it has surged as it turned bullish after breaking above a 7-week falling trendline. It has completed 3 waves of retracement, or what some people called as three-dive down, and the price is now back to the sentimental price of 1.3000. This would undoubtedly be a worthwhile trade to...
last week market pushed up from the support level..now after some drop market bounced again from same level forming a double bottom... High probability Trade .. ---> Buy ---> Stops below swing low ----> S1 , S2
This chart mostly speaks for itself. GBPUSD has been looking to break that resistance line at 1.43 and has closed above that on the 4H. Look for the retest and then get set to enter this pair because it hasn't hit this mark since February of this year (and had candles close below where it is now). Other market indicators are also suggesting this pair goes long,...
I think that GBPUSD can go down to uptrend and resistance from this strong resistance zone. TP 1 - 1.38600 TP 2 - 1.35-1.3580
Textbook setup, impulsive wave, breaking of downtrend and consolidating in form of a bullish flag. Using a tight stop because watershed falls are still possible. Blessings to you
Another one for you guys, sell then buy the breakout.
GBPUSDGoing Down after breakdown the uptrend
Bearish Zigzag Correction on the GBPUSD to 1.1700. This I feel will be a correct and looking for a bounce at this level.
Potential Bullish Cypher 15Mins Chart
GBPUSD forming a pretty nice upward channel. Completed wave 2-3 and wave 3-4 seem to be forming.
Long cable from 1.5404 this pair have turned the corner and we are making the U-turn with it. The pair is in an up-trend (1 HR Timeframe) the price now have now tested the higher-low of 1.5404. Here we can long and place a very low risk stop just below the 1.5404 because we are expecting a higher prices above 1.5551. The law of trendS expect a new high because we...