Bullish amrket structure, start of a new bullish trend, took liquidity inside the imbalance and now is ready to go up again, breakout to the upside, usd is looking weak which sigals bullsih direction
A close below below my sell region is a confirmation to go short on a GU
Weekly Market Wrap With Gary Thomson: UK100, Hang Seng Index, AUD/JPY, GBP/USD, USD/CAD Get the latest scoop on the week's hottest headlines, all in one convenient video. Join Gary Thomson, the COO of FXOpen UK, as he breaks down the most significant news reports and shares his expert insights. UK100 Analysis: Stock Market Optimistic Ahead Of Bank Of...
GBP/USD 4H - This is another market I feel will give us a good amount of bearishness over the course of the next week or so. I am wanting to see price trade us up and into the Supply Zone above, introducing enough Supply to flip the S&D balance. As you can see this market has been very much bearish for some time now and has given us clear bearish structure...
overall bearish trend, looking to take a short trade at the retest of the 4hr ob where price has shown a lot of bearish momentum.
FX:GBPUSD may continue its medium-term decline based on the fundamental background. Traders are waiting for Powell's comments on interest rates. The market is on hold and is set for a negative scenario. Globally, the currency pair is in a stupor and is in a sideways movement without any clear prospects, trading in a global range between 1.28 - 1.22. On H4 a...
Hello Traders, Currently, we're observing a temporary retracement into a H1 bearish order block, which holds significance due to several key factors: Liquidity Void : The order block is preceded by an inefficiency in price movement, indicating a potential area where liquidity needs to be filled. Institutional Alignment : The order block coincides with an...
My First Chart Markup 1) Markup of the Asian Session. 2) Price Sweeps the Asian Low in the london session. 3) Price hits the demand zone 4) Price goes to the upside into the supply zone 5) 5m choch to the downside 6) Entered a Short to target the Asian Low Error: TimeZone was accidently UTC instead of UTC +1 so chart would be marked up differently
GBPUSD turned down in price, confirming the previous false breakout signal, so you can see that the short-term trend of this currency pair is decreasing so you can sell. The nearest resistance area is the supply area and also the previous peak and bottom area around 1.2530. You can wait for the price to return to this area and then look for a signal to sell...
I’m looking for a Gu buys because price is looking bullish based on the chart pattern
Bearish sentiment on GBPUSD after price fails to break major resistance zone
H4 - Bearish trend pattern followed by a pullback No opposite signs Until the two strong resistance zones hold my short term view remains bearish here.
Hi friends, I hope everyone is doing well. In this video I share my analysis and bias with GBPUSD, I show you how I come up with this analysis, and I advocate additional confluences in your analysis as well as demonstrate what I mean. But please note, I am using ICT Concepts. If you aren't familiar, then it wouldn't make sense to you. However, you will probably...
In Britain, the Central Bank decided to fix the interest rate at its previous rate of 5.25, which is considered negative for the price of the pound sterling. Technical outlook for GBPUSD currency pair prices: We may see a decline in prices due to them reaching a strong support area if it is not broken.
This is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
GBPUSD is moving in an ascending channel between the trend lines. The price has fallen into the demand zone. After reaching the current levels, the chart bounced and reached the upper boundary of the channel, but formed a descending top. We expect a pullback within the channel. ------------------- Share your opinion in the comments and support the idea with...
Greetings Traders, As we enter this new week of trading, I anticipate a shift towards bearish institutional order flow. Following Friday's NFP news release, we saw a draw towards the final buy-side objective, namely the weekly bearish order block. This move appears to be a temporary shift, reinforcing our long-term bearish outlook. Currently, price action on the...
Opening Range Breakout Strategy The Opening Range Breakout (ORB) is a classic trading strategy designed to capitalise on volatility during the first few minutes following the market's opening bell. Rooted in principles laid down in the 1960s, the strategy remains relevant today for both stock and forex markets. This article dives deep into the ORB strategy and...