very proper and close stop loss and good chance to go up lets see
There is a potential buy setup after the break and retest of price on the resistance zone and there is a potential sell setup after the break and retest of price on the support zone.
Go through this analysis and comment your ideas. As an ascending Triangle is visible on the 4h time frame
Hi guys, here is my analysis for GBPUSD buy. Do well to like and follow us for amazing analysis
GBPUSD IS IN DOWNTREND AND BROKEN STRONG SUPPORT NOW IT IS A GOOD RISK REWARD RATIO TO ENTER TRADE WE APPRECIATE YOU LIKE AND COMMENTS IF YOU LIKE OUR IDEA FOR MORE UPDATES ON GOLD FOLLOW US DO YOUR OWN ANALYSIS BEFORE ENTERING TO ANY TRADE
formed double top on daily tf. on a weekly tf, tried to break out (twice) of that 0.618 fib area but failed. price is currently on a key area. high probability for this pair to move to the downside. watch price action on lower time frames, then look for valid short entries.
You will learn the best place where we can trade GBP/USD at low risk. Write in the comments all your questions and instruments analysis of which you want to see. Friends push the like button if you like the idea - that would be the best THANK YOU. Thank you for your support, I Love it.
Price is hovering around 200-SMA moving average and is near key supply zone.
The downward movement ends. Can sell a wave of 5 down. Or wait for the setup to buy. It is possible that there will not be a deep rollback in wave IV and a correspondingly good potential for sales. . Then just wait for the setup to buy
Elliott wave based analysis Trade on your own risk Watch Price action
wave structures up close... as we are in daily correction, and i presume zig zag ABC structure, and for now the price is ending the B structure. with red ABC is marked B part of it. with yellow are the structures of the B part with in it. and that ghost yellow pattern is from red A structure. now it needs to tag that orange low before it goes up for completing the...
4 hour timeframe - bearish divergence First target is 1.30150
PRZ: 1.266-1.2695 Target 1: 1.2442 Target 2: 1.2279 Stoploss: 1.2821 Reward/Risk: 3.3
BUY & SELL As Per Above Given Chart or You Can Also set Own Risk reward. Let see what Will be Next Move. Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only. Thank You !
After 500 pips of rising on the pound are it time to sell? In the weekly chart, the Pound was stopped just in opposition to the Ichimoku (Tenkan Sen) red line. The last weekly candle closes in the shape of a star that can symbolize a trend change provided the next candle is indeed red (we are currently heading in that direction). Target: 1.2380
I will open buy after the false break out of the mirror level 1.2385 - 1.2385 - powerfull level on the daily and weekly chart - Uptrend will continue with huge probability After 100 like I will write where to open accurate entry with Stop loss and Take profit points