Gbpusdbuy
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
GBP/USD New Entry To Catch More Than 480 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
GBP/USD Multi-Timeframe analysis (Update)Hi Traders
GBP/USD Multi-Timeframe analysis (Update)
H1 CHART (BULLISH)
A very high probability, entry signal to go LONG was given at 1.40910 after the market found support at 1.40514 . Only the downward break of 1.40514 would cancel the bullish scenario.
Support & Resistances
1.40506 1.40967
1.39797 1.41225
1.39259 1.41663
H4 CHART (BULLISH)
Target 1 at 1.40229 has been reached. We closed 50% of our position and have moved the stop loss at the lock-in-profits level at 1.38780 . Provided the market conditions will remain the same Target 2 will be reached soon.
Support & Resistances
1.38283 1.38650
1.37748 1.38761
1.35644 1.39507
DAILY CHART (BULLISH)
Waiting for a retracement lower towards the 1.37027 support level, in order to reinstate LONG positions. Next important support is the 1.36234 level.
Support & Resistances
1.37027 1.40351
1.36234 1.41053
1.35378 1.45180
WEEKLY CHART (BULLISH)
Waiting for a retracement lower towards the 1.34812 support level, in order to reinstate LONG positions. Next important support is the 1.30112 level.
Support & Resistances
1.34812 1.40351
1.30112 1.47642
1.26743 1.60794
GBP/USD Multi-Timeframe analysisH1 CHART
Waiting for a retracement lower towards the 1.38945 support level, in order to reinstate LONG positions. Next important support is the 1.38761 level.
Support & Resistances
1.38945 1.39181
1.38761 1.39354
1.38388 1.39507
H4 CHART
A high probability, entry signal to go LONG was given at 1.38780 after the market found support at 1.38264 . Only the downward break of 1.38264 would cancel the bullish scenario.
Support & Resistances
1.38283 1.38650
1.37748 1.38761
1.35644 1.39507
DAILY CHART
Waiting for a retracement lower towards the 1.37027 support level, in order to reinstate LONG positions. Next important support is the 1.36234 level.
Support & Resistances
1.37027 1.39507
1.36234 1.41053
1.35378 1.45180
WEEKLY CHART
Waiting for a retracement lower towards the 1.34812 support level, in order to reinstate LONG positions. Next important support is the 1.30112 level.
Support & Resistances
1.34812 1.39573
1.30112 1.47642
1.26743 1.60794
GBP/USD Long From SupportAlready holding a long on this but for another entry opportunity you can long from this support providing it holds. EMA's are close to crossing, if price rebounds from this level and EMA's stay long then this should be a safe entry. MACD remains very bullish despite retrace. Setting a short term target of 1.40 then can wait for retrace and re-enter a long with a target of 1.43767
GBP/USD Retracing To SupportSeeing a retrace to support after the breakout which is to be expected. Anyone who entered longs on my last post for this pair should still be good to stay in their positions. Looking for it to retrace to the highs of the previous resistance around 0.618 Fibonacci would offer the best entry.
Target remains 1.4000
SL can be just below 0.786 Fib
GBPUSD Signal GBP Markit Construction - 7 Jan 2021GBPUSD has sold off now giving us a chance to enter long prior to the GBP Markit Construction Data release, which shows business conditions in the UK construction sector. Technically the pair is above the 1.3565 pivot but below the 1h 50 moving average. We anticipate further upside on the cable into the 1.3670 level.
GBP/USD New Entry To Catch More Than 200 Pips !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 Long FlipAfter previously posting a short trade and stating a break of 1.376 on the 4 hour would result in a change of bias we have now moved to long a long position. Adaptability in this industry is key. Our short losses have already been covered and everything onwards is profit.
Follow for more analysis.
GBP/USD Correction Offers Another Long OpportunityThe GBP is correcting across most pairs, this offers the chance to add long positions or enter longs if not already in them. I marked out 1.37948 on this previously as a possible area of resistance and it has pulled back just short of here. I have marked out the lower trendline as the area to look to add long positions. I expect the downward move to slow down now so I do not think it will drop further than the previous low of 1.35200 (marked by orange dot), but we need to wait for confirmation before entering more longs.
My TP has not changed from the previous idea - 1.40
GBP/USD BUY IDEAHey tradomaniacs,
welcome to another free trading-setup.
Notice: This is mean to be a preparation for you! as always we will have to wait for a confirmation!
GBP/USD: Daytrade-Preparation
Market-Buy: 1,36590
Stop-Loss: 1,36270
Point Of Risk-Reduction: 1,36850
Take-Profit: 1,37300
Stop-Loss: 32 pips
Risk: 0,5% - 1%
Risk-Reward: 2,20
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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GBPUSD - SWING - 18. JANU. 2021Welcome to our weekly trade setup ( GBPUSD )!
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1 HOUR
Bearish price action from previous highs.
4 HOUR
Broke above main sr level, expecting more upside!
DAILY
Overall sideways waving market structure.
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FOREX SWING
BUY GBPUSD
ENTRY LEVEL @ 1.35520
SL @ 1.34650
TP @ 1.36810
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
GBPUSD Break and retest was expected around .618 FibonacciGBPUSD
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⏳1 Hour chart
🎲 Possible entry analysis
⛳️ Possible bull/bear target
📚Educational
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Detailed analysis 💬
1️⃣ Negative USD-Positive brexit talks will boost this pair upwards
2️⃣ GBPUSD Has break the downward channel
3️⃣ 1.37000 acting as strong resistance level
4️⃣ 1.37000 Major upper side resistance Key reversal area
5️⃣ 1.36100 acting as key support .618 Fibonacci
6️⃣ 02 nd Sub micro Elliot wave is formed
7️⃣ Technical support - Bull
8️⃣1.37700 will acted as key reversal-bearish
9️⃣ Series of HH HL HH HL patterns
🔟 Possible swing target-1.37700 (1.217 Fibonacci)
#️⃣ Overall bullish trend (Brexit optimism)
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📉 Technical bias-H4-Bullish
Price is above 50,100,200 Exponential moving average
50 Exponential moving average will act as support-Bull
Ichimoku cloud -cloud is still green-Cloud support(Bull)
Bollinger band- Price reached around lower band and short term pullback was expected
Relative strength index - Reached around 40-Medium term bearish correction was expected
MACD -Turned red and fell below the signal line ,oscillators about to cross soon
Stochastic - Reached around 40- Oscillators are pointing upward
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Key reversal area's
1.36000 psychological level
1.37000 January high
1.37500 Key reversal area/psychological level
1.360950 61.8% Fibonacci retracement level
1.35770 50% Fibonacci retracement level
1.35400 series of support level
1.35400 Price action level/Possible entry- Bull
1.37700 1.217 Fibonacci/Alternative bearish entry
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Bullish entry #pound #gbpusd
Entry price - 1.36100
Take profit 01 - 1.37000
Take profit 02 - 1.37700
🚫 Stop lose 1.35830
⬆️ 1.19% Growth expected
⤴️ Account growth 0.19: 1.19
✅ Risk reward ratio 1 : 6.2
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