Gbpusdsell
GBPUSD Falling & Strengthening (400 pips)Here in GBPUSD, i'm focusing on selling with 80% chances of STRONG SELL and by this market remain in its correction to have a trend for the next bullish move..... Market close on it resistance & the down gap is expected for coming back in correction stage.
WELL, if it break the resistance zone then we've to focus on buy till its strong resistance..
I HOPE THIS ANALYSIS GIVE YOU SOME BETTER IDEA ABOUT GU.
Hope the best for the Next.
GBP/USD and potential SELLHey tradomaniacs,
GBP/USD is is still in a downtrend and shows weakness the closer we get to the key-resistance-levels.
After the end of the previous correction and pump of POUND vs USD we might see another rally to the downside as soon as the previous high gets confirmed as a lower high.
More bearish confluence could force buyers to give up in order to secure their profits with the next momentum to the downside.
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
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Any questions? PM me. :-)
GBPUSD / STILL BEARPrice is still bearish IMO and I still stand by my original analysis BUT I have seen that we reached an area of support (which was once resistance) that price has reached and bounced off of.
I believe price will now come down and breakthrough this level and go to its next highlighted level of support.
I am basing this analysis off of divergence and previous price action.
GBPUSD - SHORT IDEA / WATCH TODAYThis pair is still bearish and I am waiting for a fall, price will need to break support (level 1) before we enter another sell.
I intend to TP at level 2 BUT if price is gaining momentum and signals are showing that price will continue falling then we will adjust the SL to the level below (Level 3)
Price may again come up for a retest of the previous level, if this is the case we will buy towards what is now resistance.
Confirmation of bearish trend:
Divergence 1hr TF / There is no change in divergence on the 4hr which tells me price is ready to drop
DXY is bullish and we are anticipating a breakout
Other correlating pairs are also looking very bearish and we are looking to capitalize on those also
GBP/USD SELL SIGNALHey tradomaniacs,
welcome to a new free trading-setup.
NOTICE: THis is meant to be a preparation for you. As always we need to wait for a confirmation!
GBP/USD: Daytrade-Execution
Sell-Stop: 1,25275
Stop-Loss: 1,25585
Take-Profit: 1,24770
Stop-Loss: 31 pips
Risk: 0,5% - 1%
Risk-Reward: 1,70
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more? Don`t forget to follow me.
Any questions? PM me. :-)
GBPUSD - Watch out for on Monday!Confirmations
1. Divergence on lower timeframes
2. We have approached a key level of resistance and price had failed to break through
3. When price reached this level previously it fell to the highlighed level of support
4. DXY is going up
Already entered last week and price retraced back towards the top, im holding this position and I have added another one in