Buy GBPUSDHello traders, for today’s daily analysis let’s look at GBPUSD. Price retested this major zone and created a double bottom. After that it ran up and made a higher high and higher low. This on top of other confluences confirm the move up. If you like this analysis make sure to follow me for more.
Gbpusdidea
GBPUSDIn my opinion, I still see Buy trade in Higher TF and I consider as an opportunity to entering the market with the combination of SnD and Elliot wave
In SnD(Supply and Demand) there is an Orderblock at 1.35000
And I consider trendline which ended near OB in D1 TF which give me more confidence to excute the Order
And the last reason there is a Zigzag as Wave 4 always there is appearance of any corrective patterns(Triangles, Zigzag, Combinations...) just as I see there have Zig zag patterns
Note; Be reasonable when you place your Orders and always use proper risk management
GBP/USD Short Setup After Daily Closure To Get 300 Pips !
No Entry Right Now , We Should Waiting Until Daily Closure To Confirm , If We Have Not Daily Closure Below 1.36000 So This Idea Is Not Valid
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: The Best Entry To Buy With 99% of Success !!Hello Traders,
As we can see, We are Now at the End of the Wave D, The Price reach the Resistance Zone . The Market Maker Candle appeared with Divergence at the MACD as shown, so now we're targeting the final wave (E) that give us a potentiel 99% of Buy positionfor Now !
- Buy Position :
- Price: 1.36684
- TP 1 : 1.38197
- TP 2 : 1.38845
- SL: 1.36034
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GBPUSD Potential Third Drive into 1.38000 Confluences
a. The structure of this pair is Creating a lower low and rejecting same support
- it also rejected the same support recently in the third time.
b. Created a momentum on 4H and lower timeframe.
c. Daily Engulfing Candlestick
d. 4H Potential FIB 61.8%