On the 1 hour timeframe, GBP/USD has formed a descending channel, followed by a strong breakout to the upside and a retest. This pattern has formed at a daily support level. To enter a buy position, we need to observe bullish candlestick patterns for confirmation.
in the video i will address all the entry reason and why i think we should sell this pair
Hello traders, Today we have a buying opportunity after the price took out the Low of Friday. In addition, an FVG has been created on the 1 hr timeframe after BMS Good luck
Looking at dxy h4 current chart, it is really indicating usd bullishness is reversing for. It means we can start to look for buying pairs like XXXUSD and selling pairs like USZZZ. Go to the chart of the pairs you wanna trade and start to look for confirmation to buy for XXXUSD pair and confirmation to sell for pair USDZZZ. I wish u all have good trade.
the GBP/USD pair is showing some signals of an impulsive wave formation, i am expecting a wave 4 pullback near 1.2080/1.2050 area in order to long again targeting 1.2380/1.2690 region medium to long term. with some geopolitical tensions we might see a strong US dollar in the coming sessions considering the Dollar index a safe haven. tomorrow we will have 50BP...
My Dragon Friends I see GU break Triangle pattern, BUY now at 1.1985-90 SL at 1.1950 TP at 1.2065 Lets See Happy Trading Smart Trading Hunting Profit Watch ur MM and RM Disclaimer On
Hey traders, in today's trading session we are monitoring GBPUSD for a buying opportunity around 1.258 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
Hey traders, in today's trading session we are monitoring GBPUSD for a buying opportunity around 1.249 zone, once we will receive any bullish confirmation the trade will be executed. Trade safe, Joe.
The GBP/USD has been falling for a month now and globally since last summer. The decline in the pound led to its strong oversold. There are bullish divergences on the charts of different timeframes. We think it's time to buy the pound against the US dollar. The divergence signals of H1 and H4 charts suggest an upward movement within a few weeks. If the situation...
Hey traders, in today's trading session we are monitoring GBPUSD for a buying opportunity around 1.36 zone, once we will receive any bullish confirmation the trade will be executed. Don't forget to support us with like and comments for more contents! Trade safe, Joe.
Hey Traders, in the coming week we are monitoring GBPUSD for a buying opportunity around 1.33 zone respecting the support line of the descending channel in combination with weekly demand zone. once we will receive any bullish confirmation the trade will be executed. Remember to use proper risk management, because in swing trading the movements are more violent...
Price has been in a downtrend and it has tested the bottom of the channel, now waiting on price to break through resistance to confirm move back to the upside before committing to the move.
Price has broken out of resistance trend-line and is forming a series of Higher Low and Higher High, would be looking to buy the pair up to 1.36000.
any pullback on the pair GBPUSD will be a good opportunity to long. if you are a risk taker you can start buying from current levels however do a correct risk management because we might see a 3 waves pullback as wave (2) before the surge can happen. will look closely into this trade because if we completed the corrective cycle the upside potential is hugeee!!!
GU returned to a major 1D OB, where we took a sniper buy position. We have also added more positions around 1,3670. You can also wait for price to react to the 1D OB to take buys. Interesting levels to watch indicated on the chart
Price has made significant Low at 20th august,2021. Extreme low has given us beautiful Impulsive structures. Wave ((1)) Wave Nature: Motive wave Type of motive wave: Impulse (Five waves) Wave ((2)) Wave Nature: Corrective waves Type of corrective pattern: Irregular or Expanded flat. Retracement of wave ((2)) : 50% of wave ((1)). Wave ((3)) Wave...
Continuing bullish momentum into higher levels temporarily, complete fibonacci retest then create higher highs.