Gbpusdbullish
GBPUSD : THE MESCUDI COMPLEXHi traders,
We been patiently waiting for this trade to place itself for us. We have finally a great risk to reward ratio on this entry. Our favorite indicators are showing us that we are due for some much needed correction. That would be the first step. We would move our SL in profit when that happens. Now, we are in a bearish channel but we touched an important buy zone just now. We may see the ''longer term'' bullish trend take back the control of this pair.
We are already in profit as I write this one down. This means already a succesful trade! Let's see how this one will play our throughout the week!
Here's what I'm thinking :
GBPUSD LONG
ENTRY : 1.35242
SL : 1.34319
TP : 1.39541
Trade safe!
Disclaimer: This is my trading analysis, it is not an invite or recommendation to trade.
GPBUSD: THE HILLS!Hi traders!
(This analysis was already shared with current students last Friday)
GU dropped quite a lot since that super strong bullish breakout. It is all normal behaviour since this run didn't have no real corrections, no real breathers, no nothing!
Also, this happened along with the other majors pairs that got pounded vs USD.
Now that the DXY somehow slowed down and hit a invisible resistance, all majors pairs today are back in green vs USD
MACD giving us early signs of a potential pullback
RSI couldn't really go beneath 50
Here is what I'm thinking:
GBPUSD LONG:
ENTRY : 1.30576
SL : 1.329881
TP : 1.32992
Trade safe!
Disclaimer: This is my trading analysis, it is not an invite or recommendation to trade.
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 Weekly analysis (july'17 to july'21) Bullishas we can see, this channel reach new record high for this year at 1.3114, and still at channel up trend.
But its almost reach channel up pattern resistance level. So the best option for this week are waiting for small retracement, and enter long at CSR (1.2976), with target at 1.3290
Use stoploss at second CSR bellow 1.2818, aim for 300 pip with 2 RR ratio will be a great plan for this week.
The triangle has been broken to the upside on GBPUSDHey guys,
just wanted to share my view on gbpusd; as you can see price has recently broken to the upside this simple pattern called triangle. It's basically made of two converging trendlines that encompass price action. You can take advantage of this pattern by simply buy at the first candle close above/below one of the trendlines, or you can wait for a retracement and then enter the market.
The bigger retracement has already happened, but as of now price level is nice in order to have a positive risk to reward ratio at the retest of the daily resistance near 1,2550, so it's appealing to me.
Entry at market, stops below 1,2400 even handle, target1 near 1,2550, target2 to be determined (approximately near the dark green line).
Let's see.
If you have any question, feel free to type it in below.
Otherwise, see you in the next chart!
are bearish end at GBPUSD?as we can see at October 18 this pair break up channel down pattern, and create a new pattern.
With smaller timeline, we can see a new channel down almost end. If this small channel break, bullish setup at :
opening : 1.2232
Stop loss : 1.2168 (64 pips)
Take profit at : 1.2378 (146 pips)
R/r ratio : 2.33