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Gbp-usd-short

GBPUSD Huge Short PotentialGBPUSD has been trading within a channel for close to a month now and with price coming to the "third tap" of the trend line and the EMA it is likely we will see a "fakeout". For us retail traders we can't control to market but we can anticipate a clear and obvious move. Using smart money concepts on the 1H time frame we can see Within this order block we are able to refine it to a much smaller zone and assume price will reach this zone before continuing it's downwards move. Let's see how this one plays out.
Short
by BenCheungFx
GBPUSD 220pip Short! ***Don't Miss***Hello Traders, Here we have a GBPUSD long trade idea. If you like this idea please show your support! This trade idea is based off the fact of the USD reaching a weekly low and we can see some strength beginning to occur making GBPUSD pair weaker. Also the GBP is at a weekly high since the beginning of September so we are expecting some weakness which already seems to be happening now which we can see across other GBP pairs. GBP Weakness in GBPCHF below This trade has 2 TP zones Entry 1.383 Take Profit 1 (1.368) : 150 pips Take Profit 2 (1.361) : 220 pips Stop Loss : 30 pips Overall RISK:REWARD : 7.33 Check out my educational posts down below! Please trade with caution and make sure you set your stop losses! Happy Trading 😁
Short
by Pips-Collector
3
GBP/USD Short on weekly orderblockWe are currently at a weekly supply level again and are currently testing several lower time frame order blocks namely a small 5 min order block. Looking for a small 5 rr at least from this set up. This also leaves room for a double top formation and can change the overall market structure to bearish and as such we should look for more breaks of the current market structure normally you don't use order blocks in the opposite direction of the trend as the trend is your friend but the way the higher time frame is currently set up leads my bias to be more bearish than bullish
Short
by GerardValentine
SHORT IDEA / GBPUSD- GBPUSD is sitting at a strong resistance line. - GBPUSD is very overbought. - The US indices are also overbought, any move down on those will most likely give USD strength for this move to happen. - DXY has been rising lately. - Possibe Pin Bar on this weekly candle. This is a trade idea and not financial advice, use at your own risk! Always wait for confirmation and do not forget your stoploss. We welcome your thoughts and comments! Follow us for more great ideas.
Short
by stratamontanafx