. Don't forget about stop-loss. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
For this setup, I'm seeing a potential sell swing if we don't break and close above 1.31800. This a reversal type-trade setup, so it's a bit risky considering the recent H uptrend.
GBP-USD is going down And the pair broke the Key horizontal level Of 1.31064 which is now A resistance and the breakout Is confirmed so we are bearish Biased now and we will be Expecting a further move down !
On the H4 chart the trend started on Aug. 28 (linear regression channel). There is a high probability of profit taking. Possible take profit level is 1.2885 Using a trailing stop is also a good idea! Please leave your feedback, your opinion. I am very interested in it. Thank you! Good luck! Regards, WeBelievelnTrading
Hello everyone, hope we are all doing very well !. This is a clean structure from price and this is a setup i will be willing to take if i see proper reactions at the order block. Straightforward trade nonetheless, please use proper risk and money management and do try and do your analysis, i will be glad if my analysis serves as a confluence for you as well !.
Hello Guys GBPUSD looks bearish to me expect A Bearish Drop this week and possibly even next week. this is my outlook and forecast on the pair i am seeing the high of the week forming most likely on tuesday if not it will be on wednesday. target 1: will be the Daily key level target 2 : Previous Week Low (not high probability) good luck and good trading.
Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBP-USD broke the key Horizontal level of 1.31843 And the breakout is confirmed So we are locally bearish Biased and as the pair is Going up to retest the New resistance from where We will be expecting a Local move down!
My Dear Robbers / Traders, This is our master plan to Heist GBPUSD Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal at the level Bullish Robbers / Traders gain the...
The HTF shows a strong bullish trend, but remember, there’s always a trend within the trend. As the price approaches the HTF Supply Zone, there might be an opportunity for a short position during the correction before the uptrend continues. Although this setup could be considered high-risk, as it goes against the trend, careful money management can help minimize...
GBP-USD made a strong Move up and the pair has Almost reached a horizontal Resistance of 1.31356 so As the pair is overbought We will be expecting A local bearish correction !
Is GBPUSD setting up for a massive reversal, or are we on the brink of one final explosive push above 1.31? We've seen quite a rally this month with GBPUSD, as it cleanly broke through the 1.30 level this week, climbing above 1.31 yesterday and hitting a 2023 high, which is now acting as resistance. So, what's next? At 1.313, we've reached last year’s high,...
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 broke the rising Support and the breakout Is confirmed so we are bearish Biased and we will be expecting A further move down !
Pair : GBPUSD ( British Pound / U.S Dollar ) Description : Completed " 12345 " Impulsive Waves and " ABC " Corrective Waves Break of Structure RSI - Divergence Bearish Channel as an Corrective Pattern in short time Frame Double Bottom
This week, GU is expected to align with its bearish trend. Following the recent downside structure break, I anticipate a retracement back up before continuing lower. Once price reaches the 22-hour supply zone, I will look for distribution on the lower timeframe to confirm the continuation of the bearish trend. If price continues to drop and hits the 9-hour demand...
OANDA:GBPUSD First expect price to rise towards the previous high, once price reach to that level we can expect it reverse as DXY will likely to bounce back from it's current bearish trend. The full trade can be divided into three phrases first 300 pips and as it follows by setting two another take profit. In total we will aim 1000 pips in long term view. good luck.
CoT index shows Commercials(blue line) are in 3-year extreme low AND Retailers(green line) are in extreme high. Almost every time we are in this situation the asset goes down. The last time was May 2021 you can see what happened afterwards. This is the CoT indicator of commercials net positions. Commercials net position is getting close to 2007 level where...