Gbpusdsell
BEAR MAY TAKE CONTROL FOR WHILE ON GBPUSD (11 DEC 2022)Educational Analysis says GBPUSD may go SHORT. According to my technical.
This is not an entry signal. I have no concerns with your profit and loss from this analysis.
Why SHORT?
On the 1HR timeframe, the pair is about to reach on supply zone.
After that, it may go down to 1.19212.
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS
HOW TO TAKE ENTRY ON THIS?
I would suggest that if the price reaches the supply zone, I would put a sell limit order with a 46.7 risk-reward ratio.
As the price would move down I would post a comment on new trade entries with a good risk-reward ratio.
SELL LIMIT ENTRY:- 1.23366
STOP LOSS:- 1.23455
TAKE PROFIT:- 1.19212
RISK-REWARD RATIO IS 46.7.
[TRADE ALERT] GBPUSD Here We Go......As expected we got the move above 1.21 into the weekly SUPPLY/SELL zone you can read the full analysis in my related post.
You will read in that post that I was looking for a SELL signal to occur on timeframes above the 4hr once we went above 1.20 my indicator give that SELL signal earlier today and we entered the position.
As per previous post we will target the previous swing high in the current trend @ 1.16 with stop loss above the SUPPLY/SELL zone.
As the position moves in our favor I will lock in profits and trail the stop.
If you read my related post this is going exactly as predicted enjoy
GBP/USD likely to fall!Hey tradomaniacs,
looks like GBP/USD could soon break out the current contraction and move towards the key-support-zone and D-Trendline in order to re-test.
Current situation looks bullish for the USD imo as market got dissapointed by previous FED-Statements and will most likely price in affects of the recent and upcoming rate-hikes which will slow down the economy.
However, technically a good spot to short when breakout occurs as we can expect more momentum to the downside.
What do you think?
GBPUSD SELLLast week GBP has done excellent job and it maintain its strength against the USD. I would like to say if it moved against the DXY next week then trade it. Also watch the range of movement, If GBPUSD start to fall and DXY start to rise it does not mean to trade GBPUSD. First watch the speed of falling of GBPUSD if the speed of falling is fast against the USD then sell it.
GBP/USD Short Term SELL ....
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
Dear Traders,
If you like this idea, do not forget to support with a like and follow.
PLZ! LIKE COMMAND AND SUBSCRIBE.
GBPUSD top-down analysis, UPDATED!!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.