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Gbpusdsell

GBPUSD - buy after break out Lack of resistance if, after breaking through the level, there are a number of points to the nearest possible resistance, it is common for the price to reach the resistance level. You will learn the best place where we can trade this instrument at low risk. 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
Long
by Yuriy_Bishko
5
GBPUSD Short from top level opportunityHello everyone, The last up trend of GBPUSD was broken. In next week i think GU will start a new sale wave. At the same time i see a double top in daily period. I'll share the most suitable entry point with smaller time period on Monday. For now have a good weekend! If you find it useful, please support this idea with LIKE. In the analysis I published, 1H and smaller periods are based on the scalping strategy. Periods of 4H and greater are analyzed with the swing trade strategy.
Short
by FXLoungeIN
2
GBPUSD, 2hr tf, sell SHS pattern breakoutHello my friends, First of all i wanna say happy thanksgiving for you all. I hope you all have a good thanksgiving holiday. Today i am gonna trade lightly on GBPUSD. I found a SHS pattern on 2hr timeframe and price already broken below the neckline. This upwards movemet is merely retest of broken ascending trendline. As long as price hold below 1.3390 then this SHS pattern is still intact. Sell GBPUSD 1.3350 Stop loss 1.3390 Take profit 1.3250 (2.5R) RR ratio 1 : 2.5 Use only 1-2% risk Good luck
Short
by HayatoDragonFX
GBPUSD, 4hr tf, sell bearish engulfing candle on 61.8 fibonacciHello my friends, This is a new week and we are going to start it fresh. The last 4hr candle close of GBPUSD has catched my attention because it was rejected fiercely from the 61.8 fibonacci level and closed with a bearish engulfng candle. I could say that sellers was defending this area and we could see GBPUSD go lower as long as this area hold. We could also assume the recent downward movemnt wave A / wave 1. This rejection could be the beginning of Wave-3 or Wave C. Let's see how it turned out later but for now we could try taking a sell position with SL above the recent candle high at 1.3250. If price managed to take out the recent high than this analysis become invalid. Sell GBPUSD 1.3205 Stop loss 1.3250 Take profit 1.3070 (3R) RR ratio 1 : 3 Use only 1-2% risk Good luck
Short
by HayatoDragonFX
GBPUSD Set a Stage For Massive Sell-OffIn the GBPUSD 4 hourly chart above, the price decline in five waves from 1.34181 high in September. A five-wave move is regarded as an impulse pattern, which indicates the direction of the primary trend. According to Elliot Wave Principle, a three-wave correction in the opposite direction follows every impulse move. In GBPUSD's case, the retracement took the shape of (w)-(x)-(y) double zigzag pattern. The most interesting thing is that, once the correction is completed the price resumes in the direction of the primary trend. If this count is correct, we can expect the price to start declining from or below the current market price in the days ahead. What's your view on GBPUSD? Let me know in the comment. Best of luck on the chart, Veejahbee.
Short
by Veejahbee
2
GBPUSD, 4hr tf, sell on conlfuence of resistanceHello my friends, I hoped you all are doing well with your trading. I myself am having a bad week as some positions hit stop loss. This week alone i got 4 positions hit stop loss and got 8% loss banked. Each trade was using 2% risk so in total it was 8%. Well thats not a problem because everybody will have a bad week or months in trading. Nothing to be a shamed of. For today i am gonna trade lightly and i already got some positions in mind which looks very interesting. First is GBPUSD pair. As you can see, price still moving inside the ascending channel which could be a potential bearish flag in the future. Price currently moving into an area of confluences which is the meeting point of ascending channel and horizontal weekly resitance. In my opinion, we could see sellers step in to hold this area and a rotation to the lower side is likely to happen. Sell GBPUSD 1.3265 Stop loss 1.3300 Take profit 1.3160 (3R) RR ratio 1 : 3 Use only 1-2% risk Good luck
Short
by HayatoDragonFX