Could reverse any day this week. MRN for the pound tomorrow. Would be good to see what it does. Structure break M15 has yet to happen but intermediate LTF structure has. In the HTF's GU still very bullish. This is a short term sell setup If price goes beyond and stays above 1.2850, this setup becomes invalid.
Confluences 15 MIN bearish engulfing on 50 EMA Bearish candle break of 4 HR 200 EMA Break and retest of support level
Looking at Selling GU from SELL AREAS and targeting TP AREA 1 and or TP AREA 2. (Potential +40PIPS) - Execution will strictly be on PRICE ACTION, Candle Reversals! Trade Safe and Happy Weekend Like AND Follow for more
Selling GBPUSD in Sell Area & looking to target TP Area (+40PIPS) SELL CRITERIA: - Strictly looking to enter on signs of exhaustion, reversal pattern *** Using strict volume based strategy - Sell entry not valid on strong bullish breakthrough Trade Safe
GU has been on a sell for the majority of 2+ months. Following that bias - I am waiting on a pullback - after multiple market shifts. Enter back at demand and look for a win (on a weekly TF) to supply. This is an idea, thank you for checking it out.
Waiting on market open to see where price is going to go. This could be a scale in entry for the current downtrend that is already happening. Waiting on pullback completion to determine actual entries. Price is currently in previous 4H liquidity zone area. Using Coach Max FIBs 20220619GU
GU B&R of 4H Trendline & WPSR | Looking for confirmation here to enter into the sell for a good 70+ pips
Looking to sell GU in Sell Areas and closing positions in TP Areas Entry will be strictly executed on signs of reversals etc Trade Safe from sell area 1: TP Area 1 - 50 PIPS TP AREA 2 - 100 PIPS
Waiting for GU to fall in our price higher and sell it of using the trade paramters
Hello Everybody So I was doing my Analysis today and as expected GU is shifting in his bearish mod again The original entry was missed on my side at the top of the shift, but it is never too late to hop on the train, so for the next week I'm expecting GU sell-off as marked some good Supply Zone's to look for shorts Anything can happen of course but will we see...
Price has rejected numerous times from 1.3800 level. possible fall to daily key level 1.3675 area. Dxy showing bullish signs of trying to reach 94.00 Possible bounce off 1.3725 if price doesn't hold to the downside.
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I can see a strong resistance area. Just trading on the pullback of the trend to the support level. What do u think?
Daily closed as a shooting star, we are going to see a roll off into 1.27600 to clear off retail longs.
Consistent trend playing out again. Lower highs and lower lows. Huge gap which appeared on monday open needs to be filled. My target is 1.13130. Good luck!