mid bullinger band expecting long above 200 and 50 ema
My friends so far so good. GBPUSD is at 1.3868 wait for this price to drop to 1.3810 before buying. Price will shoot all the way to 1.4000. Use proper money management Tight stops as always.
In my previous analysis on gbpusd... supposedly wave iv overlaps with wave i meaning that wave cant be counted as wave iv and the previous impulse wave cant be counted as iii too. therefore new wave is an extension of wave III* of wave 3*.
elliott wave count of gbpusd. count is invalid if wave iv overlaps wave i before making a new high(wave v)
Today, the indicator "Kenji" on the daily GBPUSD chart generated a buy signal. Let's give some explanations on this signal. This is the ordinary signal to open the trade with a basic volume . According to the indicator, the price of GBPUSD is currently in the active uptrend phase (the area between the fast and slow averages is colored blue). At the same...
GU is bullish on monthly and quarterly. Cable to tap into reversal region and close around 61.8% fib and reverse into -27.00%.
Price is at the bottom of an ascending trend line and formed a nice pin bar on the 4 hour chart. Very nice buy opportunity as we see the bulls entering the market.
The pair maintains its laterality, which enhances the idea that it will continue in an uptrend. A clear flag marks this lateral movement. At any moment we should see a bullish momentum. If we see it with Elliot Wave , we would be in front of a lateral 4 wave. going in search of wave 5, and resistance.,,
GBPUSD is coming back to its Long term weekly channel. The center of the channel is the target !!
As the buyers have strong reaction around the significant support and and big bull D1 bar appears. If today is a bull bar, we can clearly have a buy setup with good R:R here. Take your chance and wait it to reach 1.3. SL below the lowest points of last D1 bar.
Hello everyone, 1:8 R:R Trade. Not bad! We are expecting the GBPUSD (Pound) to start skyrocketing to the upside in the next few days. More details on the chart.