GBPUSD SELL !!the currency pair has been trading inside the given Channel since February 2021. recently the pair reached the upper limit of the Channel , had a false breakout only to come right back inside . At the moment , the pair is testing the upper limit yet again . After the retest , i expect a fall to 1.35094 !!
Gbpusdsell
GBP/USD SELL IDEAHey tradomaniacs,
welcome to a new free trading-setup.
GBP/USD:Daytrade-Preparation
Notice: I actually wanted to execute this one but price went away while I was preparing the signal. Waiting for another re-test!
Market-Sell: 1.36425
Stop-Loss: 1.36695
Point of Risk-Reduction: 1.36215
Take-Profit: 1.35380
Stop-Loss: 27 pips
Risk: 0,5% -1%
Risk-Reward: 4,0
Chart will follow!
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Irasor
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GBPUSD top-down analysis, UPDATED!!Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. 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.
GBPUSD-SELL ++My view unchanged.
We are nicely protected DC top and clearly we are overextended (RSI overbought not shown). The stochastic slightly positive but think its likely to turn on the corrective action, if my personal feel.
SELL GBPUSD current 1.3710-1.3750 range and place stop-loss above 1.3785 for now. Profit objective 1.3537 (and perhaps little lower).
GBPUSD SELLLooking to short gbpusd long term.
We are playing into a daily orderblock now and I would like price to spike higher into the 50% of the candle from where we can anticipate a drop.
From wave analysis we can see that we have created relatively equal impulses and retracements so I'd like to see another impulsive move down from the current level.
I would like price to drop down to 1.30000 as my swing target. This could take several weeks/months so please be patient when in this trade.
Take partials and protect profits as market drops and when you're satisfied with profits.
Note the stop loss i have shown here is very aggressive so take that into consideration if you take this trade.
DISCLAIMER: I am not a financial advisor and nor is this financial advice. Only risk what you can afford to lose and this type of speculative trading can result in loss and/or profits.
Shorting GU as DXY reaching Crucial SupportGU Might face a strong Resistance from the level marked on the Chart as DXY took a plunge but reaching a crucial Support to the 94.00 key Level. Might wait to see a good price action. Trade Safe, Don't Over risk!
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GBP/USD SELL IDEA #DAytradeHey tradomaniacs,
welcome to a new free trading-setup!
GBP/USD:Daytrade-Execution
Market-Sell-Order: 1.35970
Stop-Loss: 1.36100
Point of Risk-Reduction: 1.35830
Take-Profit: 1.35470
Stop-Loss: 13 pips
Risk: 0,5% -1%
Risk-Reward: 5,0
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Peace and good trades
Irasor
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GBP/USD 4HR SELL SET UPHi TRADERS this is my trade set up for the GBP/USD for the new week ahead
so i am expecting A DECENT CANDLESTICK CONFIRMATION IN the order block zone and will be looking for a SELL trade only if it meets your criteria for a trade then execute
This is my analysis only please trade with caution and risk management in place
good luck for this weeks trading
please like and comment both are welcome
GBP/USD SELL SIGNALHey tradomaniacs,
GBP/USD:Day-Swingtrade-Execution
Market-Sell: 1.35345
Stop-Loss: 1.35625
Point of Risk-Reduction: 1.35070
Take-Profit: 1.33950
Stop-Loss: 28 pips
Risk: 0,5% -1%
Risk-Reward: 5,0
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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GBP/USD UPDATE for SELL!Hey tradomaniacs,
GBP/USD Update 👉
After a breakout we have seen a decent re-test of the supply-zone.
After this lower high price should be ready to move down for now!
Was unfortunately too late to prepare a signal here and hope to get another retracement.
Otherwise might be helpful for you!🙏
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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GBP/USD and a great SHORT.Hey tradomaniacs,
looking at GBP/USD we can expect at least a retracement from here on as there is potential high bearish confluence close to the primary trendline and strong resistance-zone (Weekly).
If we close below we probably see more momentum to the downside due to profit-saves and bears which are waiting to follow the trend.
Trade carefully due to low liquidity during holidays.
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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GBPUSD - Potential Short OpportunityHey Traders, this week we will be monitoring GBPUSD . Putting all recent price action and the drop in bullish momentum in to perspective, GBPUSD is poised to face a confluence of resistance at 1.3600 - 1.3625.
NB: A confluence of resistance or support is simply an intersection of two or more key levels. Market participants are more likely to gather around an area that involves two or more factors rather than an area with just one.
The aforementioned price zone coincides with the fib's golden ratio (61.8%) drawn from swing high to swing low and the down trendline. I expect price to retest this key level and should the market fail to break the bearish market structure from a daily perspective, I will be shorting the pair.
Take Profit 1: 1.3450
Take Profit 2: 1.3350
Take Profit 3: 1.3200
Stop Level: 40-50 pips above entry price
Happy Trading Week Ahead and a Pipful 2022!
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