I will be bearish until the 1.42671 level then i would be looking for a buy at that level.. but if it does go lower i will look for a buy at the 1.40426 level!! Good Luck !! Short and Long
Letz see if the Supply zone can hold another time and send Price down....
GBP will hit an hard resistance coming from 2014, elliot waves confirm the short
Im expecting a break the channel that formed during correction, which will result in another impulse wave towards 1.43 area.
Going to ride this short into 1.384 area SL on chart Size Lot: 0.2 Risk: 108 $ Reward: 817 $ Trade your own plan. Good Luck!
hot spot area great for sell with 50% correction. if it's continuing going up we are selling from next area. good luck :)
Hi all, Looking at a potential Cypher Pattern Short on GBPUSD 15M @ market. Stops above X Target 1 @ 1.4094 Target 2 @ 1.4080 Keep in mind that this pair has just come off previous structure support so the bounce up may be larger, but as always stick to your plan and trade your rules.
HI all, There is a Bat Pattern short currently @ market on the GBPUSD 4H. Big stops on this one so make sure it meets your Risk Reward, plus NFP are out tomorrow. Stops above X Target 1 @ 1.4030 Target 2 @ 1.3956
Hi all, Looking at a potential bat pattern short on GBPUSD 15M @ 1.4001, a nice psychological number if it gets up there. Stops above X Target 1 @ 1.3955 Target 2 @ 1.3926 Targets to be adjusted should the pattern complete.
On FX:GBPUSD , the market moves sideways on 1H bars, and it gives a great opportunity for harmonic traders to make money. The price going up and getting close to swing highs. That the zone where the most of the sell orders are placed and buyers are going to lock their profits. These actions cause the price drop. Moreover, the bat pattern finishes its D leg...