vificapital

vificapital

Looking for short - Reason based on W1 chart pattern. DXY seems to go higher and so GBPUSD seems to go lower. - Don't open the position before Wednesday because Rate decision from Fed will be release soon, the market will go in range. - Wait for price to go swing high and check from there.

vificapital

- W1: Bullish - but price was retracement Long/Short (LS): Neutral - D1: Short term bearish: price near minor support and bounce back Long/Short: Long - H4: - Waiting zone 1: 1.27 - Waiting zone 2: 1.28 and break through - Target 1: 1.2850 - Target 2: 1.2950

vificapital

W1: Potential LONG until next resistance: 1.2400 D1: Wait for signal at 1.22 and 1.2050 H4: ACTION: - MON 27.03: Wait for signal at 1.22 and 1.2050

vificapital

W1: strong bullish D1: bullish, but price near the closest top, and might pullback a bit H4: bullish, but not a healthy chart. might looking for a short short, waiting for zone 1.2400-1.2450 - target to 1.22. DXY: still strong bearish News: No major news ahead this week. Summary: Can look for a short, but be very caution, price is still in a strong bullish trend.

vificapital

Trading plan: Week 03.2023 W1: Bullish. Last week, price formed a bullish candle. Price could go higher with another bullish week. D1: Bullish. There are no strong candles but price is likely to go higher, but might be retraced a bit first. Next target: 1.24, support: 1.21 H4: Bullish. Not a so nice chart pattern, but price is likely to go higher. The same...

vificapital Updated 

Trading plan: Week 02.2023 - MN1: NEUTRAL. A small pin bar near the last support (1.21-1.22) but not strong. The price might revert the bullish momentum from that level but 1 month is too long to make a guess. - W1: BULLISH. Another pin bar that showed the pullback might stop here and a trend bullish continuous will continue. But the signal is not strong...

vificapital

Summary: Despite the fact that we had a very bearish candle last Thursday and a bearish week last week, the strong bullish trend D1 is still intact. LONG positions are preferred, but we can have a short SHORT at 1.21, target 1.1950-1.19 (~200pips). Analysis: MN1: Last month, MN1 had a very bullish month, so I think we might have another bullish month....

vificapital Updated 

Last week: Price bounced from support 1.21 as we thought but all the trades I took were lost. I put the SL too tight (wanted to have a bigger risk: reward) or opened a position in a strong move in a smaller timeframe (M15 - being greedy) without looking at the bigger picture in H4 timeframe. It is bad and needs to avoid. This week: Price formed 1 potential...

vificapital Updated 

GBPUSD: Mon 05.12.2022 Last week, we had a strong bullish week. This week, there is no strong news ahead. Price tends to go higher to 1.26. But for now, there are no good entry points to watch. Just minor support at 1.2300 on H1. Price might retest 1.2150 (support on H4). Pivot points: 1.2300 (support - H1) 1.2150 (support - H4) 1.1900 (support - D1) 1.2600...

vificapital

GBPUSD: Mon 05.12.2022 Last week, we had a solid bullish week. This week, there is no strong news ahead. Price tends to go higher to 1.26. But for now, there are no good entry points to watch. Just minor support at 1.2300 on H1. The price might retest at 1.2150 (support on H4). Pivot points: 1.2300 (support - H1) 1.2150 (support - H4) 1.1900 (support -...

vificapital Updated 

Analysis: GBPUSD is on a strong bull trend. Looking for LONG if signals occur near: - Wating zone 1: 1.19 (weak) - Wating zone 2: 1.18 (strong) - break it, H4 might form a reverse trend. Risk: - MN1 is about to close and it is near its resistance. - W1 is also near its top (1.21 - 1.23). - GDP UK and NONFARM news It might have a potential pullback/reverse week.

vificapital

W44: - DXY / EURUSD : D1 seems to go down, not good W1 but things can change. - GBPUSD (D1 - H4) seems to go down as well, but has very bad D1 (that needs to be caution). Looking for short in H1 (at fibo 50 - 61.8) with 2 targets below.

vificapital

DXY W1 - GBPUSD W1 formed a bearish candle Looking for a LONG: 1.12 or when price pass 1.15 Target 1: 1.15 Target 2: 1.1750 Target 3: 1.20

vificapital Updated 

DXY W1 still might go up again GBPUSD - W1/D1 formed bearish candles Looking for short: 1.1190, 1.1260 Caution: 1.08 (fibo: .0618)

vificapital Updated 

GBPUSD - Week 27 - multiple timeframe analysis