GU gave us great sale opportunities twice this week. As we get ready to close out the week i am looking for a low for the week to be established. so we can open next week with some kind of range we can work with to create a mid week high for another entry next week maybe. We cant predict the price. just move with it.
I waited for Tues to play out and make a high. Now that it has been made we are expecting price to continue moving bearish. As we come into the London session we are starting to see signs of that bearish pressure to push it down. We will see if it keeps it up.
Just waiting for price to make a high for the week so that it can continue with the bearish price action. Sitting on hands waiting for solid confirmation.
OTE has already undergone mitigation. However, there remains a portion of the FVG (Fair Value Gap) that could potentially provide the impulse to seek further short positions.
Heading out of last week we had a pretty clean sell off after our red folder news on Friday, this gave a a clear run of our internal lows and shortly after shifted higher to take our 5min swing high, this move has now leads us to expect price to run into the zone we highlighted on our 4H markup from the beginning of this month, following the newly established...
If the Dollar can hold its position we should get a bullish buck for the rest of the first quarter at least. Monitoring price for scalps on the way down on GU.
Price is bouncing in a 15m channel where we reached the bottom once again and the structure has been broken and retested. NExt bullish candle was our entry.
Looking for a break on either side of the consolidation we are currently in so that I can get some indication on what price wants to do. Sitting on hands until i see it.
GU to start things off is in a very clear retracement stage within the higher timeframes we dropped a 4H chart last week you can use as a reference, overall i am looking for this to un higher into our FVG and supply zone above, now for this to happen we would have to see some bullish PA for this week so that is exactly what i am looking for. within our swing...
My previous scenario (A) for GU unfolded precisely as expected, with the bullish reaction aligning perfectly with the marked demand zone. This week, I anticipate further upward movement towards my supply zone (A) near 1.2400. My reasoning is that price will likely seek to address the significant imbalance in that area before initiating a downward move. Although...
GU was pretty much flat the entire week. Not much moves made. But this week coming up should be very eventful.
So we finally getting the push back into previous value. Being that it is friday I'm not looking for any entries. just watching for reaction for the potential move next week.
We sold EU and GU in the morning, then bought till now and had enough profits, lest try a final sell for fun with small lots.. Previous buys on EU and GU been closed.
This is a entry that I have been waiting for. I'm sure price will struggle to go into the zone until News that it set in the morning. Looking for price to break the weekly high, creating a high for the week and giving a sell entry. Nothing but short scalps for London. The ultimate sell will come for NY looks like.
PEPPERSTONE:GBPUSD GU price is massive down due to DXY Bullish new last Friday. Now GU is consolidation 1.26112 to 1.26450 Level. That is very good sign to again gain momentum in next week. Based on my Analysis BS: 1.26451 Level After Retest SL: 1.26113 TP: 1.26728 TP2:1.27019 Disclaimer: Please be aware that this information is not provided as financial...
Non farm payroll is today and my projection for GBPUSD is that it will long, but for that to happen, I am projecting a retrace to the 50EMA where it is our area of interest before it buys to 1.27588.
I am looking for a Bearish drop for GU for a potential buy on the pair! I have been loking for a nice buy setup on this pair, but i have only found nice sells so far! now i am looking for a nice Sellpreassure into the buy zones! By using The daily open we can later check if this bias was a good look for it! hopefully, we could see a nicer reversal move later in...
This week's analysis suggests a bullish reaction in line with the current uptrend, making it a favorable pro-trend opportunity. Currently, price resides in a 2-hour demand zone, and I'll be closely monitoring for a Wyckoff accumulation pattern. Should my confirmation on the lower time frame align, I'll consider buying, although this zone isn't the most...