AUD USD TRADE SET UP AUD USD has formed a Falling Wedge Reversal Pattern on the 1hr timeframe and the market has broken the Lower High market structure, we need to see a
pullback - Retest before taking entry Buy - Long. ⏰
Gbpusdanalysis
GBPUSD up trend is possible 🥇🥇traders GBPUSD price is ready to fly
My dear subscribers
My technical analysis is for GBPUSD up trend
The price is coming around a solid key
Level 1.25534
Target zone. 1.27680
Bis_ Bullish
Technical indicators Pivot point low
anticipates a potential price reversal
Super trend shows a clear buy giving a
Perfect indicators convergence perfect
Indicators convergence
Give us like and comments support us
GBPUSD : Long Trade , 4hHello traders, we want to check the GBPUSD chart. The price has reached the specified support level after moving in a descending channel. We expect this level to stop the downward trend of the price and the price will grow to around 1.26100. Good luck.
GBPUSD: Bullish Potential Post-Harmonic Pattern FormationThe GBPUSD currency pair has recently completed the formation of an XABCD harmonic pattern, with a notable rejection observed at point D around 1.2580. This rejection signifies a potential reversal in the price action. Presently, the pair is consolidating within this region, suggesting a period of indecision among market participants.
Our analysis indicates a bullish bias for GBPUSD, contingent upon a breakout above the 1.2660 price range. A decisive breach of this level could signal the initiation of an upward momentum, prompting a favorable entry opportunity.
For traders considering a position, we recommend entering upon the retest of the 1.2660 level, with a strategically placed stop loss at 1.2550 to manage risk exposure effectively.
In terms of profit targets, we propose two potential exit points: TP-1 at 1.2770 and TP-2 at 1.2880. These targets align with key resistance levels and offer favorable risk-to-reward ratios for prudent traders.
It is important to remain vigilant and monitor price action closely for any signs of deviation from the anticipated scenario. Adherence to risk management principles is paramount to mitigate potential losses and maximize profitability.
Disclaimer: This analysis is based solely on technical indicators and historical price data, and it should not be construed as financial advice. Traders are advised to conduct their own research and exercise caution when making trading decisions in the forex market.
GBPUSD SELL | Day Trading AnalysisHello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GBPUSD
I still did my best and this is the most likely count for me at the moment.
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Patience is the If You Have Any Question, Feel Free To Ask 🤗
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GBP USD TRADE SET UP EUR USD TRADE SET UP.
EUR USD is making a break and rest pattern on the 1hour timeframe just like GBP USD.
The market has formed a doji candle stick with a long wick on the key level,. now we need to see the next candle close blow before taking entry short ⏰
GBPUSD Short Trading Opportunity
Entry:
Short position recommended upon retest of 1.25800 support-turned-resistance.
Stop Loss:
Place stop loss near 1.26200 to mitigate potential losses.
Take Profit Targets:
- TP-1 : 1.25390
- TP-2: 1.24980
Conclusion: Favorable short trading opportunity post-breakdown. Maintain disciplined risk management.
Disclaimer:
Trading forex carries high risk. Only invest what you can afford to lose. Past performance doesn't guarantee future results. Consult a financial advisor if unsure.
GBPUSD Buy NowGBPUSD Buy Now with 10 pips SL & 20 pips TP. As you can see that it has broken its resistance of tokyo session and has come for retesting. Feel free to buy from here.
GBPUSD Long Target 1.2714 (Fib level 0.618)GBPUSD Long Target 1.2714 (Fib level 0.618)
Immediate Target - 1.2714
Key S/R areas for GBP/USD, levels to sell Hello traders, FOMC has given as GBP/USD a boost to the upside as the market
believes Fed will cut rates soon although the Federal Reserve has kept rates
unchanged for now.
Technically, we do not have too many cues to go on. However, price has reached the 1.28
supply level. A bigger resistance level lies at 1.3150.
For now, we are not selling GBP/USD. Short-term traders can consider selling
GBPUSD@1.2890 level provided there is bearish price action.
GbpUsd could drop to 1.23Since the beginning of December last year, FX:GBPUSD pair has been trading within a range bounded by 1.25 and 1.28.
In early March, the pair experienced a break above the upper range boundary. However, this break ultimately turned out to be false.
After returning to the familiar range, the pair formed a significant bearish engulfing pattern on March 21st. Following a few days of consolidation, it is currently trading back at support.
Considering that pairs tend to break on the opposite side after a false break, coupled with the significant bearish movement on March 21st, I anticipate the next move will be a break of support.
In conclusion, I am looking to sell rallies in anticipation of this break, with a target around 1.23.
GBPUSD BUYGood evening everyone! Don't forget to put your thumbs up and write comment if you like the idea.
The price moves smoothly into the long area. On Friday I expect to receive an impulse growth against the backdrop of the same decline in the labor market.
First target: 1.26700
Final target: 1.28000
GBP/USD SELL/SHORT
GBP/USD has formed a rising wedge pattern on the 4-hour timeframe. Additionally, as of the 26th March 2024 report, 11,344 large speculators exited long positions on the Great Britain pound.
📉 Expectations:
Anticipate the pair to re-test key support levels as highlighted in the attached chart.
📊 Trading Strategy:
This trade is based on a combination of fundamental, technical analysis, and candlestick patterns. It's a long-term position, so ensure sufficient margin to manage market fluctuations. Implement proper risk management in line with your account size.
🚦 Trading Rules:
1️⃣ Rule 1: If the trade does NOT surpass our entry level (GREEN LINE ON THE CHART), Do not enter the trade.
2️⃣ Rule 2: When the market hits Target 1, consider closing some positions or move your STOP LOSS to ENTRY price for safe trading.
3️⃣ Rule 3: After reaching Target 1, avoid placing new trades based on the same signal/alert.
4️⃣ Rule 4: If the market consolidates for more than 2 days, close the trade and patiently wait for the next favorable trading opportunity.
Trade responsibly. Past performance is not indicative of future results.
Feel free to ask any questions or discuss further! 📊📉
💡 GBPUSD: Forecast 1 AprilGBPUSD did not change much in the last session, the situation remains unchanged, continue to expect the price to go down in the short term, the target is around the 1.25xx threshold, however you need to move the SL for short positions. to the 1.2640 area to reduce risks.
GBP/USD short term longs to shorts 1.26000 back up to 1.27200I am currently holding a bearish view on GU, and I'm patiently waiting for a deeper pullback toward the primary supply zone. However, there's a nearby 1hr demand zone where we might witness a bullish reaction. If this zone fails, which is possible given the ample liquidity below, there's also a deeper demand zone just beneath it. We need to wait patiently to see how price behaves.
If price continues to rise, reaching the Asian high and trend line, it would strengthen my bearish bias and provide additional confluence for potential sells. Conversely, if price declines further, I'll be on the lookout for Wyckoff accumulation to unfold in either of the demand zones.
Confluences for GU short term buys are as follows:
- Price left lots of liquidity to the upside as well as an asian high that needs to get taken
- There is two 1hr demand zones that could initiate the expected pullback yet to come.
- For my sell bias to come into play, price must rally up which hasn't happened yet.
- Imbalances are left above that need to get filled.
P.S. If price continues to decline, I'll wait for a new supply zone to form and then consider selling from that point. Ultimately, the majority of liquidity remains situated below, influencing this decision.
POTENTIAL TRADE SETUP ON GBPUSDHey Traders,
Check out this technical analysis on GBPUSD; it appears to be undergoing a small range pullback, potentially indicating a bullish momentum continuation.
However, I would recommend waiting for a proper retest of the broken key level before considering a buy-trade entry.
Alternatively, there may be an opportunity for a sell trade if the market breaches the evident support area.
Keep a close eye on this.
GBPUSD - Potential Short Trade Idea ✅💡Hello Traders!
This is my idea for GBPUSD. I expect a retracement from the Supply level which is also an OB level. I see a continuation of the bearish market structure and in case of confirmation of retracement from the supply level, I will execute a short trade.
Please LIKE 👍, FOLLOW ✅, SHARE 🙌, and COMMENT ✍ if you enjoy this idea! Also, share your ideas and charts in the comments section below! This is the best way to keep it relevant, support us, keep the content here free, and allow the idea to reach as many people as possible.
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GBPUSDPair : GBPUSD ( British Pound / U.S Dollar )
Description :
Bearish Channel as an Corrective Pattern in Short Time Frame
RSI - Divergence
Break of Structure
Consolidation Phase in Short Time Frame
Completed " 123 " Impulsive Waves
CAD JPY TRADE SET UP CAD JPY trade set up,
Trade confluences
1 Bouncing from a support level
2 Higher Highs and Higher Lows are currently forming so we are only looking for buy entry at the retest of the broken HIGH key level.
GBPUSD - BUY SIGNALGBP/USD holds support below 1.2600.
Markets continue to reflect the expectation that the BoE will hold off until August before easing. Rate expectations are perhaps providing the GBP with a bit of a cushion against the USD’s advance.
Sterling has rebounded modestly from the earlier session low. The GBP/USD pair based around 1.2590/1.2600, effectively a retest of the 200-Day Moving Average where Cable has found support in the recent past.
Gains through 1.2640/1.2650 resistance are needed to give the GBP an additional lift from here.
Guys, what do you think? Leave a comment with your thoughts.
GBPUSD Bullish side Day Trade RobberyHELLO LOOTERS,
This is our master plan to Heist Bullish side of GBP/USD Market. Guys U can enter at any points, Our target is Red Zone Caution area. Day Robbers loot and escape end of the day in this market, USD Pairs can change his character after the news, SO be careful.
GBPUSD LIQUIDITY GRABlast friday sessions price grab below it fake flag form, Im not expecting a lower price for this pair, see my charts how I explain, if youre a smc I think you understand also what is protected orders, not taking a OB it doesnt mean price would go to respected OB, its been a discussions on how trading works and how this idea might be invalid for most of the smc traders.
This is only my view, last friday price grab below. This is not a financial advice either.
FOllow for more. Give a like if you think its good. give a comment if you have another view,
I will appreciate what is your insights!
