GBPUSD Short Opportunity Breakout the box (consolidation) For safer trade, please set sell stop at below the Inside Bar.
Daily zone on the supply - the USD is strong and further to this, bearish pressure of the supply is very strong. Our first entry has been taken - patience is now the key after holding profit and 'losing potential' profit - but this is just greed. Main thing here, is simple supply and demand. 3 Entries running 1 swing 1 scalp 1 medium term trade Awaiting now the...
We had a strong downward rally, retracement but failure to break 1.25 - resulting in a long consolidation {within the gold box] - we have now broken out of the consolidation box to the downside as 1.23 failed to be broken. NFP produced horrible job creation but grew in artificial strength because of this. Next- we have added shorts and will add positions where...
Hi traders. If you want to enter short position, better to let the stochastic Indicator cross down . I wish you all the best.
GBP/USD May fall 80-100 pips Insight - Price has pushed back up just below resistance at 1.2222 and support now at 1.2040 after forming a double bottom. Two touches at the resistance line after possibly a third rejection, this could mean more downside if entry for the sort is reached. Intraday - 4H Trade: Sell Sell or Below 1.2040 Entry: 1.2117 Target TP:...
Please use proper money management if you want to follow this trading plan, GBPUSD weekly view possible short based on price action view.
GBPUSD just broke out from a local trend line ascending since Nov/2019 and will go short my entry point will be: 1.29468 targets are TP(1): 1.2779 TP(2): 1.2548 TP(3): 1.23989 TP(4): 1.22215 a stop-loss will be @1.31037 Take a look @ my trading Idea about GBPJPY 1000+ pips If you agree with this Idea Please support Don't forget to leave a LIKE Check my...
GBPUSD has a strong support line, its broken through unlike the other times. Entry off the retest of the strong support/resistance line.
Hello Traders, Here's my analysis for GBPUSD, and the update for GBPUSD finished Wave B
Check the price labels. For further details on this trade or any help please message me, and happy trading! :)
Double Top confirmation at our Channel Resistance, Short Set up in play. Active.
Short GBPUSD looking for continued downside trending after touching resistance. A breach of resistance could signify a breakout and strategy should reverse.
I'm more Bullish Bias'd than Bearish but always am prepared to adapt to market momentum. GBPCAD/GBPUSD Share a very strong correlation, there's a channel cross over which can be a little confusing if not understood properly. The aggressive but proper buy enter would've been the D leg in the AB=CD Pattern (Complex) but because price is in an area where price can...
In this situation I see again a price drop where if it reaches TP1, SL can move up to 50% of TP1 and thus it will have a safe profit. :)))))))))))
A very similar pattern is running across all GBP pairs (double tops). GU has broken a recent support line. Our bias is short. This chart is far more clearer on a H4 timeframe.
Opening this Week on GBPUSD. Head&Shoulders pattern, great RR-ratio, and the crossing MA soon confirm the forecast. Target the next Support Line.
We had an up flat and we just broke the support level after it we can wait for the pull back to the resistance level and after the touch of this level we can wait for the big movement down to the closest level. My plan on this trade you can see in the chart.
Well, take the small triangle first! Goodluck!