GBPUSD is in BullishRespected followers, GBPUSD recently touched its support level on trend line. From current level GBPUSD will go up to defined take profit. Do not close until take profit will not hit.
Gbpusdbuy
GBPUSD BUTTERFLY BULLISH PATTERNButterfly formation can be real. All destinations are specified on the chart. Do not neglect to do risk analysis.Feel free to comment and comment on your questions. Good luck to all of us.
GBPUSD - BULLISH GARTLEY POSSIBILITYPS: PLEASE CONFIRM BY YOUR OWN ANALYSIS BEFORE TAKING ANY DECISION ON THIS TRADE
GBPUSD - POSSIBILITYPS: PLEASE CONFIRM BY YOUR OWN ANALYSIS BEFORE TAKING ANY DECISION ON THIS TRADE
GBPUSD BUY OANDA:GBPUSD BUY LIMIT 1.2970-1.2950
SL-1.29
TP-OPEN I WILL WRITE WHEN YOU CAN TAKE PROFIT
#gbpusd still wanna reach high levelshi again i was checking #gbpusd forecast in tradingview
now i decided to publish my forecast
good luck
GBP/USD is bullish on 4h chart!!!I see GBP/USD pair bullish on 1hr & 4h chart (bullish divergence at macd histogram,rsi etc.) Also there is a bullish perfect gartley pattern on 4h chart.
Profit Targets:
1.30710
1.31400
Please note that I expect a drop from 1.31400 because daily chart is a bit bearish also there is a strong inclined resistance.
Stop loss:
1.296
Have a nice week,
Berk.
#gbpusd still should see higher price hi again , we still think gbpusd should see higher price levels
let see what happen ,
good luck
6 - GBP/USD - September FREE SignalsGBP/USD labeled in an ABC structure, with wave B unfolding as an Expanded Flat and now approaching the Fibo's.
Expecting an aggressive rally.
GBPUSD - WEEKLY SWING - 02. SEPTEMBER 2018WELCOME TO DACAPITAL TRADING!!
GBPUSD just started moving as expected, quick Timeframe breakdown for free and everybody.
4 HOUR
Big gap opened, expecting this to be a buyers stopout..
DAILY
Very bullish movement last few weeks breaking several resistance
WEEKLY
Market oversold massively expecting a small pullback now before any other movement
LEVELS
BUY GBPUSD @ 1.29170
SL @ 1.28130 (100 Pips)
TP1 @ 1.30300 (115 Pips)
TP2 @ 1.30720 (155 Pips)
MOVE SL TO BE @ HIT OF 88.6 FIB!
Weekly Wave Swing, Close 3/4 Position at Hit of TP1!
Enjoy our limited Free Content and Setups,
leave us a like and Comment!!
DACAPITAL TRADING
GBPUSD Possible Formation of Bearish Butterfly Pattern Hi traders,
Looks like we're having a possible bearish butterfly pattern forming due to the confirmation of the below rules:
AB: 78.6 retracement of XA
BC: 50.0 retracement of AB
CD: possible 1.272 retracement of XA
CD leg also coincides with extreme pivot high (no.1).
Watching for break above 50 fibonacci retracement. If confirmed, you can trade the completion of the D leg with targets set at pivot high no.3,2 and 1.
As always, be careful when trading these set-ups and always wait for confirmation of the pattern to be on the safe side. I'll be watching this very closely.
Happy trading!
GBPUSD 1hr tf:3 crucial info. to keep in mindCommentary based on the numbers indicated on the 1hr tf of the GBPUSD is given below:
(1) The meandering price action of the GBPUSD from May 29, 2018 till present date is captured in this analysis using a falling wedge (diagonal) with price action successfully testing the support and resistance line at least twice; hence validating the chart pattern. This pattern is ideally bullish, signals a possible end to bearish action, and resumption of a bullish trend.
(2) 1.31041 and 1.30687 is used in this analysis as the support region anticipated for the GBPUSD should a break occur below the latest bullish trendline (in pink color). Successful test of this region is expected to provide value for long (buy) positions, while a break below 1.30687 (lower region of support) could see price return to test the lower region of the falling wedge.
(3) A bearish divergence is shown with red lines on the relative strength index and price action. This is a warning signal and implies that the current bullish momentum is running out of time. Also of worthy note is the pink line (bullish trendline) and the red line placed on price. These two lines themselves form a rising wedge that should be watched closely.
The rising wedge (ideally bearish) is also one of the reasons why a break below the pink bullish trendline can trigger a quick sell off.
A break out above the upper line (resistance) of the falling wedge that is confirmed by momentum should see the GBPUSD continue its current bullish trend.
1.33024 is indicated in this analysis as the price level to watch for a possible entry in a long (buy) position. This is considered very conservative, while less conservative approaches involve finding an entry point(s) before price exits the falling wedge.
