GBPUSD is in Beairsh modeI analyze it as it is rejected its Fibonacci level and also rejected its major resistance, which is strongly indicating of sell pressure.
Gbpusdbearish
GBPUSD Short scenario - Price forming rising wedge, anticipating breakdown following recent rallies
- Double top formation indicating failure to produce fresh highs, anticipating reversal of market bias to bearish
- Will be taking double entry, first target to take partials at 1.4 and second at 1.38, 1:4RR and 1:12RR
GBPUSD is in Bearish ModeAs we can see in the chart that GBPUSD has rejected its uptrend and now falling below its trend line which is giving a strong indication that the market will fall further more to the downside.
GBPUSD BEARISH GBPUSD
The price reach the level I wanted and it respected the zone and has come down to reach the level 1.3036 and I believe it will touch that zone again to respected as a ceiling and continue its way down to reach my new targets.
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El precio respeto la zona que queria y la respeto para volver a bajar y llegar de nuevo al nivel 1.3036, ahora espero que el precio vuelva a respetar esa zona para volver a bajar y lograr tocar los nuevos targets.
GBPUSD - shortBearish on GBPUSD, at least on H4. Please wait for proper confirmation before opening a trade.
[GBPUSD] CHANNEL BREAKOUT [SHORT | 1H]As you can see on the 1 hour chart, price has broken out of channel and dropped to pivot. We can see a bullish engulfment candle at the pivot suggesting price may be moving up to retest the channel. I am hoping to get a rejection at the 0.382 fib level as that is a demand zone. I will be waiting for price to see if it could move up to my demand zone and see if we see a rejection of that price level to enter the trade for a short position.
GBPUSD Weekly Broke Out BUYGBPUSD on the weekly time frame has broken from its last resistance today. As you can see on the chart the next resistance is still a long way. The daily time frame is also bullish but there we still see a last resistance around 1.3450.
The view here is very clear, soon we see gbpusd print 1.40 again! If you arent buying yet then buy the dips to get in at a nice price.
GBPUSD Bull Trap aftermath .. lets wait for confirmation #GBPUSD - Daily
#economicfreedomFX
Have a look at the contextual trend lines ...which stretch back many months ago
Price is still reacting to them, and the way its going, this SUPPORT is looking more fragile for me ...
there is a big room for a SHORT in this Pair, wiping out a lot of technical bulls ...
lets wait for confirmation ...
GBPUSD Bear idea - Short Opportunity Short term bearish pattern setup:
Entry : 1.31435
Stop : 1.31640
Target 1 : 1.30982
Target 2 : If price breaks trendline , 1.30676
GBPUSD 1 Hr Bearish Gartley Possible bearish Gartley forming on the 1 Hr charts about a 1:1 rr so not the greatest but will see where the market goes
