Dr_Drre

Dr_Drre

Monthly Weekly Daily Heavy bullish volume. Next monthly resistance is around 167.00 im following the trend on the 4hr and waiting for a confirmation at 164.750. As of right now the 4hr chart is on a retracement back down to the prior broken resistance at 164.750 164.750 correlates with the 50% FIB and the 61.8% fib level taken on the bullish impulse which is...

07:33

Dr_Drre

GBPJPY looking short term bearish and long term bullish

Dr_Drre

GBP USD 04.01.22 GBPUSD on a MONTHLY WEEKLY DAILY bearish market. 4hr chart shows a descending channel and im looking at may perhaps be a head and shouler formation. EMAs are showing bearish pressure along with MACD below the 0 which would mean more downside is expected at least to the very recent support level and as far down as the weekly FIB 27.00

Dr_Drre

GBP USD has reached its weekly support level and it is lining up nicely with the bottom of the daily channel. As for the 4 HR timeframe Price is still heavily bearish. 1.37000 is a strong Key level that hasnt bee broken since February this year. Price has always bounced 300 + pips from here. I am looking to get into a buy either at 1.37000 and ride up to...

Dr_Drre

GBP USD has reached its peak resistance key level. Price has the potential to move lower to the prior support zone

Dr_Drre

This is GBPUSD 4hr ChartThis is GBPUSD 4HR analysis Price has broken an descending Trendline and is currently retesting prior resistance in hopes to create a new support. For a BUY I will be waiting for a couple of 4hr candles to form in the bottom green circle and wait till we get a couple of bullish 4hr candles and also watching how price reacts on the 1 HR...

Dr_Drre

Sell

Dr_Drre

Sell

Dr_Drre

Broken Trendline. Retest of support.

Dr_Drre

Simple Support Resistance zone levels with trendlines. FIB at 23.6 level rejection

Dr_Drre

Bearish

Dr_Drre

GBP USD Buy at 1.28800

Dr_Drre

GBPJPY is coming up from the bottom or of an ascending channel. It is lining up perfectly with the 61.8 FIB level from the bottom of the impulse to the top of the bullish impulse. I am personally taking a swing trade up to 138.00 level

06:00

Dr_Drre

GBPUSD Analysis for both Buy and Sell opportunites

Dr_Drre

GBP USD Bearish confirmations: - 15 MIN EMAS OVER price 4hr Engulfing candle (BEARISH) 3rd Descending Trendline touch @ 61.8 FIB Zone rejection Daily 61.8 FIB Entry: 1.5200 area SL: 1.25400 area TP1: 1.24500 TP2: 1.24000 TP3: 1.2300

Dr_Drre

Possible sell entry @1.300 area - Looking for: - Trendline Retest of broken Trendline zone rejection 1 HR EMA Rejection candles Bearish Candle Confirmation

Dr_Drre

Daily resistance area - ascending channel - 4HR Break and retest of broken support @69.250 - Entry at retest of 4hr break of structure. - Target: Bottom of ascending channel

Dr_Drre

Downtrend. 4HR break of structure @ 107.00 level 4HR break of structure @106.500 level Break and retest @106.500 zone - Entry: 106.090 (after break and retest of 1 HR break of mini support structure) SL: 106.550 ( above Prior support level) TP: 105.250 ( Next support zone) R/R: 1:2