I'm seeing that GU is looking like it wants to reverse. So I'm looking for the shift in structure on what it wants to do. We do have some news coming up in the next 48 hours for both GBP and USD. Will continue to monitor for shifts.
They used the previously Weekly high as support. Pulled back a little deeper than I expected. But all still lines up to break new highs. With this new Data I can see News on GBP tomorrow helping to give that spike I'm looking for.
Continuing to monitor price action on GU. Still Bullish but since it is now the end of the week I'm Not to confident it will want to make new highs. We cant predict the price...just move with it!
4H internal switched bearish last week and we just broke below again giving us a clearer range to look at. 15 Min is bearish as well and I'll be looking to short in the next few days
Price did not break above last night and we are currently ranging on the 15 min. I've explained the 4 possible scenarios we could see play out
The 15 minute setup is playing out quite nicely. Going to be looking for a re entry tomorrow as well this time leaving the full position open to target the 4H high. I will start posting more trade updates like this regularly after my analysis
Hello Traders! This is what I see and suspect is going to occur with GU.
Hello Traders! This is a quick update and thoughts on GU. Safe trading.
1min Short - Have a look, what I've look at. Do not chase price. Let price show it's hand. Stay safe and Enjoy the weekend.🙌
just a quick video on how i executed on this GU trade.Just some small insights into how i take a position.
just some high emotions waiting on this buy for GU. hope all is well with you guys.
Everything you need to know is right in the video except that you could place your stop loss right below the double bottom printed on the 15 min timeframe. The market just opened and sharks could come for tiny stop losses such as the one i placed in this video. Ps: this is just my opinion. I am not a financial adviser. Be responsible for your own trades. I hope...
From the Higher Time frame We can see price reacting to strong levels of support and we see price rejection on the daily. We could likely see a push upwards in the coming week.
last video of the week, i showed you guys how to spot gaps in price and how to trade them on the buy side and sell side. comment and let me know if this was helpful and will be back next week with some live trades and a few more gems
Analysis for day and swing trading. GBPUSD is showing strength against the dollar on a daily perspective diverging from EU(correlated pair) Then we take apart current supply and demand and based on monday price action will get in to an amazing long snipe. LFG....
Hello Folks! This is my outlook on Major pairs for 24-28 Jan 2022. This is not financial advice, please DYOR before taking a trade.
In this forecast I am predicting what will happen somewhere between first and second quarter 2022. I expect that volatility will be injected into the markets allowing central banks to clear liquidity on both the buy and sell sides, wiping out many retail traders. The camouflage of a crisis event i.e. higher covid rates, or some sort of terroristic event can/will...