GBPUSD 4hr Bullish Setup (FVG Entry)KRAKEN:GBPUSD is forming a good bullish setup on the 4hr timeframe, we can long from the FVG area towards the first and second targets, I dont recommend SL but SL is just to not get liquidated.
GBP
GBPUSD 1h Reversion Zone in FocusReturn and fill into the reversion zone range is expected.
Reversion zone range: 1.30615 - 1.30303
Key Resistance level: 1.31288
Key Support level: 1.29920
⚠️ Reversion Zone is an area on the chart where the price often returns after deviating. Some zones will be covered by nearby candlesticks, while others may take more time. Also the zone may never be filled, be careful.
Overlap resistance ahead?GBP/JPY is rising towards the resistance level which an overlap resistance that aligns with the 38.2% Fibonacci retracement and could drop from this level to our take profit.
Entry: 187.87
Why we like it:
There is an overlap resistance that lines up with the 38.3% Fibonacci retracement.
Stop loss: 189.83
Why we like it:
There is a pullback resistance that aligns with the 61.8% Fibonacci retracement.
Take profit: 184.86
Why we like it:
There is a pullback support level.
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Heading into 50% Fibonacci resistance?GBP/USD is rising towards the resistance level which is a pullback resistance that lines up with the 50% Fibonacci retracement and could drop from this level to our take profit.
Entry: 1.3054
Why we like it:
There is a pullback resistance level that aligns with the 50% Fibonacci retracement.
Stop loss: 1.3084
Why we like it:
There is an overlap resistance level that aligns with the 78.6% Fibonacci retracement.
Take profit: 1.2997
Why we like it:
There is a pullback support level
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Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
GBPUSD sell opportunity #GBPUSD sell opportunity
The price already broke the market structure in a lower time frame. Here is the sell opportunity from 1.28122 to 1.2788 zone.
Use does not increase risk reward form 1:1RR
All details in the chart. Get your confirmation and execute the trade. Good luck guys!
GU bearish pressure will continueNow that we have the bearish breakout. price should continue moving bearish for now. Will wait for London session to find the next entry.
GBPUSD BEARISHGBPUSD have rejected by resistance zone and the correction trend have been end, and the price is now on its bearish movement
GBP/JPY Faces Bearish Pressure with Key Support Levels in FocusGBP/JPY Technical Analysis
Current Outlook: The price of GBP/JPY is currently trading near the pivot zone, showing bearish momentum. It appears poised for further downside, as it is struggling to hold above key support levels.
Best Scenario: The downtrend scenario is the most likely, with the price pushing lower toward the support zone. If the price breaks below 184.11, it could further decline towards the next major support at 182.49 and potentially reach 180.18, otherwise stability above 186.400 means will try to touch 188.200
Key Levels:
Pivot Zone: 186.37
Resistance Levels: 188.29, 191.58, 193.29
Support Levels: 184.11, 182.49, 180.18
Expected Range Today: The price is expected to move between 186.37 and 184.11, with a bias toward further downside pressure.
Overall Trend: The overall trend remains bearish, especially if the price breaks below 184.11, signaling further downside potential. Stabilization above the pivot zone at 186.37 could shift the trend, but for now, the downtrend dominates.
previous idea:
GBPAUD Bullish TrendAfter deceiving people, the price registered a fake breakout at the top of the trend, and then after removing the stop-losses, it quickly entered its downward position, and now it has trapped many people, and now it is time to climb.
GU Just waiting on volatility to make the bearish moveLast nights GBP news was not enough to make price push to give us a solid entry on the bearish move. We are looking for reactions to FVGs just above the previous daily high before considering any entry.
Bullish rise?The Cable (GBP/USD) has reacted off the pivot which has been identified as a pullback support and could potentially rise to the 1st resistance level.
Pivot: 1.3046
1st Support: 1.2944
1st Resistance: 1.3181
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Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
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GBPJPY Bullish ideaby Zoom out and look at the daily timeframe we can find real destination.
- Look at the shadows, it can indicate oversold and high liquidity, But you have to act smartly and be careful of traps and nets that spread news
GU is Bearish Now. Looking for Entry!waiting for price to confirm it is ready to move bearish. Now we have news scheduled next session. I shall wait for news to pass and see how price reacts.
Bullish bounce?GBP/USD is falling towards the support level which is a pullback support that aligns with the 127.2% Fibonacci extensions and could bounce from this level to our take profit.
Entry: 1.3044
Why we like it:
There is a pullback support level that lines up with the 127.2% Fibonacci extension.
Stop loss: 1.2975
Why we like it:
There is a pullback support level that is slightly above the 50% Fibonacci retracement.
Take profit: 1.3110
Why we like it:
There is a pullback resistance level.
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Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
GBP NZDTHIS IS MY SETUP FOR GBP NZD
I use Fibonacci to get these extreme points and my preferred one is 80% retracement, with a risk-reward of 1:4.
Trade carefully
This is not financial advice, DYOR.
GU filpping to Bearish!Been waiting for price momentum to shift. Now looks like we have it. Have to wait out the next day to see if they are ready to keep moving in a bearish direction.
GBP/USD Eyes Key Demand Zone: Potential for Retracement AheadThe GBP/USD currency pair has approached a notable demand zone, which appears particularly intriguing on the future 6B1 chart. This area could present significant opportunities that may become even more evident in subsequent trading sessions.
Currently, the price of the GBP/USD pair is exhibiting signs of being overbought. This condition is largely influenced by retail traders who are driving the price upward aggressively. Such market dynamics often precede a potential pullback as the buying momentum may not be sustainable over the long term.
Given these conditions, we are anticipating a retracement of the British Pound in the near future. This expected downward movement would align with the typical market behavior following an overbought state, where prices correct themselves after a significant upward surge. Traders should monitor this development closely, as it could offer valuable entry points for those looking to capitalize on the impending adjustments in price.
GBP Futures ( Weekly Chart )
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Heading into 38.2% Fibonacci resistance?EUR/GBP is rising towards the resistance level which is an overlap resistance that lines up with the 38.2% Fibonacci retracement and could reverse from this level to our take profit.
Entry: 0.84550
Why we like it:
There is an overlap resistance level that aligns with the 38.2% Fibonacci retracement.
Stop loss: 0.84913
Why we like it:
There is a pullback resistance that aligns with the 61.8% Fibonacci retracement.
Take profit: 0.84077
Why we like it:
There is a pullback support level.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
GBPUSD Sell SetupSimple and Easy trade Setup with Minimum Risk.
Evidence is must before taking any entry.
Note :
Do your own Research and Trade Wisely Never rely on my opinions.
Good Luck folks
GBPUSD - Short Trade IdeaHello hello,
We have a short trade idea on GU for the coming week, anticipating the next 12h candle.
I am expecting a move into at least one of the iFVGs on 12h timeframe before a move lower with multiple targets graded by my probability hierarchy.
Last week we had NFP which took price to a relatively high level. As is said, "The bodies tell the story and the wicks do the damage". And as usual, during these super high impact news drivers, the wicks can go above and beyond what is normally expected of them. As the bodies are being respectful, I am keen to anticipate the aforementioned trade.
There is more imbalances below that I anticipate price will be drawn to, creating more structure on the sub-weekly timeframes in order to move higher, which is still my current overall bias for XXXUSD pairs until price shows me otherwise on the DXY. For now, I will still follow what the PD Arrays are printing.
In terms of stoploss, the swing high would be a bit far, but as usual I would be waiting on the lower timeframe for a higher RR trade at least to Target 1. From there I would have to see what PD Arrays are being formed on the lower hourly timeframes.
Let's see what happens!
- R2F
Gbpaud a big u turn on the price,oHello fellow traders , my regular and new friends!
Welcome and thanks for dropping by my post.
Gbpaud managed to break higher and watching for long setups.bis to the upside
Do check out my recorded video (in trading ideas) for the week to have more explanation in place.
Do Like and Boost if you have learnt something and enjoyed the content, thank you!
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Disclaimers:
The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes.
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