We going to be focusing on: - Support and Resistance - Engulfing Candle - Double top and Double top - Using Day Chart
@ this 618 fib extension level I trust I might see a 3 waves pull back before completing the wxy structure to the blue box or beyond.
He'll Traders 👋 Call me Mad, but I'm longing the Pound 💷 It's fallen a fair bit against the Dollar, which is going crazy ATM, but it's still in an uptrend from what I think is a Macro low. There's a trend line (big white one) it's hitting right now, that's acted as resistance for many many months, let's see if it can flip to support 💪 Not financial advice...
Dear colleagues, we have 2 event scenarios in front of us, but with one final target in the support area at 1.23974. If the price immediately reaches the target, it will be the end of wave 3. But if we see a correction, it means that wave 3 is already formed and we are looking for a short entry with wave 5. Manage your capital correctly and competently! Only...
GBPUSD signal I gave earlier on currently up 90 pips just by stacking up confluences and using the fibonacci to identify an area of rejection
Consistency is the key to greatness guys so, the word for today is consistency. Let's keep working to keep grinding. Thank you for tuning into my breakdown.
nice simple price action on gbpusd - weekly indicate to me we have further downside
1.26200 is an interest zone.. Wycoff schematic forming..with the interest zone being U.T.A.D The market tends to ride on the volumes placed by both bulls and bears. When one side is overwhelmed; a perfect condition is set for the other to take over
The analysis for GBPUSD remains consistent with last week's report. Prices are moving towards the target marked in red, but I do not recommend going long at this time. It's best to wait until the price is in the area I have described. We will react accordingly to what the market does when prices are in that area. Congratulations to those who have followed my...
Hello friends, My personal opinion and idea is for the GBP/USD pair. I take this position with a specific and calculated risk, you can also join with risk management. All responsibility is yours and the profit and loss are for you. So act calculated and take care of your capital. If you enter with me, do not pay attention to the target on the chart, whenever I...
Hi Traders! On The Daily Time Frame, The GBPUSD Price Reached A Resistance Trend Line and Supply Zone ! Currently, The Price Failed To Create a New Higher High 📈 So, I Expect a Bearish Move📉 i'm waiting for retest... ----------- TARGET: 1.24250🎯 ___________ if you agreed with this IDEA, please leave a LIKE, SUBSCRIBE or COMMENT!
Next likely resistance for GBPUSD is 1.239, a swing trade is suitable for this trade - aim to reach target by end of next week
we are expecting the market to continue with its current market trends feel free to enter now as the market is falling heavily
GBPUSD stabilizing above 1.2457 will support rising to touch 1.2513 then 1.3561 then 1.2599 stabilizing under 1.2457 will support falling to touch 1.2410 then 1.2367 Pivot Price: 1.2457 Resistance prices: 1.2513 & 1.3561 & 1.2599 Support prices: 1.2410 & 1.2367 & 1.2315 timeframe: 4H
Hello Traders, This pair is yet to contrast the bearish bias. I'll thus continue to be bearish in the coming week. Hopefully, we get some retracements and some trend continuation to the downside. Kindly trade cautiously due to the trendline liquidity. It's very possible to break the trendline and reverse upwards. But until that happens, I'm clearly...
GBPUSD looks like it will go higher looking for a SPDA, then will could see a continuation to reach those targets. Its in confluence with DXY. We have this week the CPI-PPI that could be the catalyst for this scenario. Remember to wait for the right Time, Price and LTF confirmation. DYOD
GBPUSD OUTLOOK Technical abstract: Trading in the pound sterling pair against the dollar stabilizes near the level of 1.2507, and maintains its stability below it, awaiting the resumption of the bearish wave expected for today, the next main targets of which are at 1.2400 and then 1.2310, remembering that the continuation of the bearish wave depends on...
Hello, this is my GBPUSD sell set up- price is almost at TP