In my analysis of GBP/USD on the 4 Hour Chart, Price is currently at the neckline of the "W" Pattern. For A Bearish entry: Price must break the neckline and retest, then continue the Bearish Trend. Take profit at price $1.2448, next area of Support. For a Bullish Entry: Price must break above the Daily resistance, then retest, then begin moving Bullishly. TP...
Good setup - price created LL and LH - entered on the 1st LH, price broke previous low but ended up triggering SL at BE
The price is inside a trading range and also a downward trend, so I decide to sell from around 1.25300 to the target of 1.25500. If you enter the transaction, follow capital management. Good luck.
DXY is bullish GBPUSD HTF is bearish Price failed to break the low at 1.24454 and moved up taking multiple premium arrays. At the moment, price could move to either direction, so my bias for now is neutral. If price stays above equilibrium and take a premium array, I will take a short. If price moved below the equilibrium and take a discount array, I will take a long
short-term long on gbp/usd, quick in and out for 25 pips profit and 15 pip SL
Everything is clear in the photo I have no explanation to give And just a personal opinion
I have created a quick breakdown video for this pair to give you a general overview of what is possible to happen with this pair in the coming week. I will continue to trade this pair bearish until i can see that the market has changed direction. thank you for your time, more videos will follow. #like and follow
Determining a bearish bias on the GBP group from the UK unemployment news trigger and pairing that with temporary bullish outlook on USD to form and execute a GBPUSD sell idea
This Video will explain why the speculated trade is possible according to the strategy I use. Note: This is not likely to happen. Trade wisely
Hello traders, we want to check the GBPUSD chart. The price has broken the descending channel and pulled back to the specified key level. If this level can maintain the price, we expect the price to grow up to the next key level, around the price of 1.25800. Good luck.
GU goin up breaking the trend line resistance. I’m expecting the price to go and settle to 2719. I will secure profit at break even at 2560.
Here is my analysis for GBPUSD on H4 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
really hope if price can pullback at resistant up there and selling from there
GBPUSD is rising towards an overlap resistance and could potentially reverse from here to drop lower towards our take profit target. Entry: 1.25346 Why we like it: There is an overlap resistance Stop Loss: 1.25887 Why we like it: There is an overlap resistance that aligns with the 50.0% Fibonacci retracement level Take Profit: 1.24457 Why we like it: There is a...
In the forex market, there is a potential buying opportunity for the GBP/USD currency pair. The price has reached a specific zone that indicates a favorable entry point for Sellers. Traders can consider initiating a Short position on this pair, expecting the dollar to appreciate against the GBP. To manage risk, it is recommended to set a stop loss (SL) order at...
DXY is bullish Institutional order flow is bearish After tapping the bearish mitigation block, price could continue moving down from here as there is still a weekly bull order block below. But since price is below the HTF equilibrium and just taken a SSL D, it could also reverse from here.
WEEKLY TIME FRAME : Price is approaching strong support/demand zone. H4 time frame : We see that double bottom got breakout and price is re-testing neckline. Let's monitor price action and look for BUY JUST REMEMBER TO MANAGE YOUR CAPITAL WHILE TRADING. NO MATTER HOW PERFECT YOUR TRADING SYSTEM IS, THE WAY YOU MANAGE YOUR RISK IS THE KEY TO BE...