Magician

Magician

Hello traders. You can sell GBPUSD now ( risky) and your take profit will be near yellow zone. You also can wait or price to reach that yellow zone and look for opportunities to buy there.

Magician

Everything you need is on the chart.

Magician

Hello traders. I am expecting price to reach yellow ( low ) rectangle and give a good signal to enter long. Target will be yellow ( up ) rectangle. Remember: You should always confirm my expectations with your OWN analysis.

Magician

Hello, traders. I don't like big timeframes. But for those, who is interested in long term trading, I dedeicate this analysis. So situation here is not very good. Price made a New structure low and price will probably break 1.6 level. ( lowest yellow line). But what is important is time. When price will break it. I see 3 possible scenarios: 1. Price goes down...

Magician

Hello traders. Now we are in complex correction. We saw a bullish attack ( white line), we saw bearish defence ( white rectangle) and we saw a very strong bearish attack ( another white line) so I am really expecting now for price to break 1900 level and move to one of the yellow horizontal lines. if price does not reach them, I will start seriously thinking of...

Magician

I want you to pay attention on AB line. It was very strong movement by bears. Price broke the previous HL. So momentum was good, projection was also good. And we would expect a pullback to near 1221 level. But it did not happen. Bulls were too strong and made a pullback to 0.786 Fibo level. Now we see how bears are defending this area. If you have short signal...

Magician

A little bit late with my idea. I wanted to post it earlier but forgot.I expected price to rich yellow rectangles. It has not happened yet, but in 1-2 days it probably will happen. Price made a very weak projection. And could not even reach 1.27 Fibo Level. And bears are more agressive. I can see 2 possible scenarios: 1. Trend change ( breaks yellow...

Magician

Everything is on the chart.