Good evening traders! Here comes another analasys of mine Enjoy. Who is in charge? That is a very intresting Question that allot of people are asking themselfs right now.. and this is because the sellers are actually in charge if you look att price action from the top left of the screen to were we are now. and because we are looking bearish right now alot of...
Hello every one ! We might heading to bearish reversal in GBPUSD soon lets wait and see what will happened ! Entry point : 1.230 Target 1 : 1.275 Target 2 : 1.225 Stop Loss : 1.2333 Any advice is more then welcomed ! Regards,
Posting this one a little bit late but i am currently short on GBP/USD with downside targets of 1.21750. There was a nice pullback to the 78.6 fib level and a CTL break and nice bearish 4H close. Lets see how this one plays out. For more regular posts follow me on instagram: Instagram: ms.fxtrading
GBPUSD has retraced and looks like it has stalled a ma major area of resistance wit several confluences halting its move. another 4 hour rejection of the 200 MA and if we close still below 1.2500 i will be selling this market back down to 1.2300 which is the last significant low. if we break that level then the pound could be in trouble
Since July 2014 that GBP is bearish against the USD. It fell from 1.6800s to the 1.1800s in October. The Uptrend from October was broken today (15/12) and it could lead to a fall towards the next short-term support area, over the 1.2100s. Short Position 1.2550 Stop Loss - 1.2630 Profit 1.2350 to 1.2100
Hey Traders, We have closed our GPB/USD trade from yesterday in profit. The reason for the close is that price action has twice rejected the 1.27000 level and we now await a break of this level to resume our buy bias. On another failed break we will consider selling at this level as buyers maybe exhausted and the market will need to drop before buyers re-enter....
GBPUSD W Resistance : 13330 Support: 102600 This is not investment advice
directly after the finishing of the gartley pattern and the pullback now I'm taking another long position in the Bat pattern formation showing for a bigger target and happy pips hunting many thanks to my great mentor akil stokes for their amazing videos that was very useful at their you tube channel trade empowered
GBPUSD 4H Short Resistance: 1.25121 Support: 1.24142 - 1.23545 This is not investment advice
The USDOLLAR is currently selling off across the board and setting up for the beginning of a bearish trend. The GBPUSD is in a classic triangle pattern from early this year. Once we break price should move up to 1.28 as the first target. We will be looking to buy once the break happens.
Long GBP/USD Expecting Break of Triangle to retest Structure
The market reacted after Britain PM Theresa May confirmed article 50 will be triggered at the end of march 2017 which cased pound depreciation in the open of the market to day , nevertheless potential long position could be executed based on technical analysis mentioned in the chart , as may be short trend would be expected base on uncertainty of the trading...
We already have 3 confirmation points for a bullish Cypher pattern, which is forming at key support/resistance leves: if price arrives to 1.2954 as expected, it could be a very good level for entering long positions For now: Shorts Entry point: current values. SL: 1.3460 TP: 1.2954 Longs Entry point: 1.2965 SL: 1.29 TP1: 1.3140 TP2: 1.3195 TP3: 1.3255
GBPUSD 4H - Will be bullish until hitting the first target. Once breakout, it will continue to hit second target. However, it would be bumpy going up. So, be careful with the retracement and set your stop loss appropriately. Happy trading everyone. Please leave your comment and other ideas.
Looking to enter a short position, waiting to see what the current daily candle does before entering.