Gbpusdbuy
GBPUSD, 8hr tf, double bottom pattern mirrorring XAUUSDHello my friends,
Another trade ideas for today is GBPUSD pair.
As you can see GBPUSD chart looks exactly like XAUUSD.
XAUUSD has rallied for 750 pips in the last 2 weeks after hitting 1680 area twice.
I still think we could see further rally in XAUSD as the measured objective of XAUUSD pattern is around 1830.
In my opinion, we could see the same movement in GBPUSD and it is very worth to try buying it as well.
We might see double bottom at GBPUSD as well after price touching 1.3670 area for the second time.
The measured objective of GBPUSD double bottom should be at 1.4160-70 area
Buy GBPUSD 1.3720
Stop loss 1.3650
Take profit 1 at 1.3990 (3.8R)
Take profit 2 at 1.4160 (6.2R)
Use only 1-2% risk
Good luck
GBPUSD, 4hr tf, buy wave-3 movement to the upsideAs you can see price broken above the descending trendline of previous downwards movement.
In my opinion price completed the retest of broken trendline and might continue to go up again.
Buy GBPUSD 1.3805
Stop loss 1.3750
Take profit 1 at 1.3990 (3.3R)
Take profit 2 at 1.4115 (5.6R)
Use only 1-2% risk
Good luck
GBP/USD Running In 40 Pips Profits !This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
[GBPUSD W1 Apr 2021]GBPUSD
Long Setup
Continuation trade:
👉🏻 Overall bullish bias on GBPUSD. Recent price movement clearly provides us with a corrective scenario, either a ABC corrective or a more complex WXYXZ which is yet to be completed. If price were to form the final corrective wave of Wave-Z , we could see price to reach 1.35500 area, or even 1.35000. Previous significant highs have also not be broken, hence further movement will be observed.
GBP/USD Finally Closed Above Important Res Let`s Catch Those PipThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
H&S pattern paved way to the bear-Lower Trendline support aheadGBPUSD
Because of the strong dollar the cable has felled to the one week low while i am typing this analysis. As it faces major rejection around 1.37400 level and the upper side of the trend line was also acting as barrier for the bullish run and we can see a Head and shoulder pattern around 1.37400 level we can expect further downside momentum towards the lower side of the trend line. And in volume profile analysis
point of control will act as support for the bull. If the lower side of the trednline was broken then we can expect further downside fall towards 1.35000 . We can open suitable buy limit around 1.35800 and the swing target would be 1.37400 and stop lose ay place below 1.35300
GBP/USD Trying To Make Inverted Head &Shoulders Let`s Catch IT!This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GBP/USD New Setup To Catch 200 PipsThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions