Mon 13th Jan 2025 Daily Forex Charts: 4x New Trade SetupsGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified 4x new trade setups this morning. As usual, you can read my notes on the charts for my thoughts on these setups. The trades being a AUD/USD Sell, EUR/USD Sell, GBP/USD Sell & NZD/USD Sell. I also discuss some trade management. Enjoy the day all. Cheers. Jim
Gbpusdshort
GBP/USD Shorts from 1.23000 or 1.25000 back down...My analysis for GBP/USD (GU) this week focuses on the continuation of the bearish trend, as the price has been consistently breaking structure to the downside. I anticipate that the price will follow through and mitigate a nearby supply level, creating an opportunity to capitalize on the current market conditions.
I’ll be looking to take sell positions once the price reaches one of my identified supply levels, such as the 5-hour or 7-hour zones. At these levels, I expect the price to slow down on the lower time frames, signalling a continuation of the bearish trend. If the price moves lower and taps into the 1-hour demand zone, we could see a temporary bullish reaction before the downtrend resumes.
Confluences for GU Sells:
- The price remains very bearish on the higher time frames.
- The DXY is strongly bullish, aligning with this bearish trend for GU.
- A clean supply zone has caused a Break of Structure (BOS) to the downside.
- The market is forming lower lows and lower highs.
- Liquidity below still needs to be taken.
Note: If the price continues to drop without tapping into my POIs, I’ll wait for another break of structure, which may create a new supply zone. Alternatively, I might look for a counter-trend buy from a valid demand zone back up to a supply level.
GBPUSD to continue in the downward move?GBPUSD - Intraday
The primary trend remains bearish.
Bullish divergence is expected to support prices.
We look for a temporary move higher.
Preferred trade is to sell into rallies.
Bespoke resistance is located at 1.2350.
We look to Sell at 1.2350 (stop at 1.2380)
Our profit targets will be 1.2245 and 1.2225
Resistance: 1.2320 / 1.2360 / 1.2400
Support: 1.2240 / 1.2210 / 1.2180
Risk Disclaimer
The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit.
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GBPUSD Six months viewHere i am sharing a six months view about GBPUSD. The actual trend is clearly bearish, and i expect a continuation to the downside for the next few weeks/months. The first area where i will look for a long entry is around 1.18250, where i see a good zone to buy aiming for 1.30. The risk reward ratio for this trade is pretty good. If the stoploss will be reached, i think we will see more moves to the downside, reaching a possible area to buy again at 1.09500
GBPUSD Buy to SellLooking to have GBPUSD head up to the ash zone before a sell...
Simply look for a confirmation or way to join the buy based on your style and strategy, then get a confirmation for sells at that zone above price currently.
Do ensure to follow your strategy if it tells you otherwise!
GBPUSD SELL | Idea Trading AnalysisGBPUSD is moving on support line .
The chart is above the support level, which has already become a reversal point twice.
We expect a decline in the channel after testing the current level.
We expect a decline in the channel after testing the current level
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GBPUSD
I still did my best and this is the most likely count for me at the moment.
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad ⚜️
Gbpusd move to down (Read the caption)This chart presents a technical analysis of GBP/USD on the 1-hour timeframe. Here's the breakdown:
1. Trend and Channel:
A descending channel is outlined with yellow lines, showing the pair's recent bearish trend.
The price has broken out of this channel to the upside, indicating a potential reversal or retracement.
2. Key Zones:
Sell Loss Zone (Red Area): Above 1.2631-1.2632, likely representing a stop-loss zone for sell positions.
Target Zone (Blue Area): Between 1.2388 and 1.2386, identified as a potential price target for short positions.
3. Resistance Levels:
A significant resistance is marked near 1.2571, which aligns with the breakout area and could act as a decision point for future price action.
4. Projected Price Movement:
White arrows show a bearish projection from current levels. The analysis suggests a potential pullback after a minor consolidation or false breakout near the resistance, targeting the highlighted target zone.
GBP/USD "The Cable" Forex Market Heist Plan on Bearish🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Robbers, 🤑 💰
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the GBP/USD "The Cable" Forex market. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk Green Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish robbers are stronger. 👀 So Be wealthy and safe trade.💪🏆🎉
Entry 📉 : You can enter a Bearish trade at any point.
however I advise placing sell limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest high level should be in retest.
Stop Loss 🛑: Using the 2h period, the recent / nearest high level.
Goal 🎯: 1.21500 (OR) Before escape in the bank
Scalpers, take note : only scalp on the Short side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release.
Fundamental Outlook 📰🗞️
Bearish Factors:
Brexit uncertainty, which can increase volatility and reduce demand for the British pound.
Weak UK economic growth, driven by Brexit uncertainty and global economic slowdown.
Strong US economic growth, driven by strong consumer spending and investment.
Potential for a decline in investment demand for UK assets, driven by weak economic growth and Brexit uncertainty.
Competition from other safe-haven assets, such as the Japanese yen and Swiss franc, which can reduce demand for the British pound.
It's worth noting that the GBP/USD pair is highly volatile, and prices can be influenced by a wide range of factors, including global economic events, monetary policy, and market sentiment. As with any investment, it's essential to do your own research and consider your own risk tolerance before making any investment decisions.
Market Bearish Sentiment:
Bearish sentiment: 60%
Bullish sentiment: 40%
Neutral sentiment: 0%
Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions.
Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan.
Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly.
💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🫂
GBPUSD Turning Point Level GBPUSD Turning Point Level
Trend trading
Prerequisites
1. Bearish trend
2. Price is near the upper trend level
3. The RSI indicator is overbought and is likely to form a divergence.
4. Horizontal level
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GBPUSD Sell IdeaFX:GBPUSD
Howdy All,
I strictly trade technical analysis! Here's is the current set up I'm waiting for. I'm looking for some re-tracement before entering for a sell . As always I'll wait for price to reach the area of my Fair Value Gap and see how it reacts. Ideally, price will begin to wick and show rejection around 1.245 area before I'm comfortable selling.
I'm seeing support of 1.235, 1.221 and 1.207. If price can retrace to where my green box(FVG) is then my SL will be 1.252. Happy new year to all!
GBPUSD: No Signs of Reversal, Downtrend Here to Stay?Hey Realistic Traders, Is FX:GBPUSD Downtrend Here to Say? Let's dive in
On the H4 timeframe, GBP/USD has consistently traded below the EMA-200 line, facing multiple rejections at this key level. We observed more than three attempts where the price tried to breach the EMA-200 but failed, reinforcing the continuation of the downtrend.
Adding to this bearish outlook, a breakout from a rising wedge and symmetrical pattern has occurred, both of which typically signal strong bearish momentum. Furthermore, the MACD indicator has formed a bearish crossover, providing additional confirmation of GBP/USD's downward trajectory.
Given these strong technical signals, I foresee a downward movement toward the target at Target 1.23640.
However, this bearish outlook hinges on the price maintaining below the critical stop-loss level at 1.26070.
Support the channel by engaging with the content, using the rocket button, and sharing your opinions in the comments below.
"Disclaimer: "Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on GBPUSD".
GBPUSD ShortBased on the previous analysis, I was anticipating that this pair will first go to the order block at 1.26 before going downwards.
According to the higher timeframe(Monthly), it seems that the HH of the month has already been formed, at 1.254, and I do anticipate that the price will be attracted to the Sellside liquidity at 1.23 and FVG at 1.198
Entry at 1.245, Target 1 at 1.23 Target 2 at 1.204 and Sl at 1.252.
GBPUSD Pattern FormationThis currency has been on a bearish run for the past few months.
If the price happens to STRONG breakout and close above the Daily Market Structure Shift,
then we can have a buy limit at the BISI FVG formed between 1.254 and 1.256.
If the price happens to wick above the Daily Market Structure Shift and close below it,
then we can have a sell order at Daily -OB at 1.25.
We will have entry positions using a smaller time frame
GBPUSD SELL IDEAThere are 2 entries as can be seen in this chart. The first is for scalpers to sell before the end of the day. The second is the main sell. Market makers would play around the first sell, causing a consolidation there that would probably end the days trade. Before going to grab liquidity at the open inefficiency for the final sell. Both options are accurate, but you risk more if you are not a swing or day trader at the first entry
GBPUSD Analysis: Anticipated Decline from Key Selling ZonesOn the H4 timeframe, GBPUSD is currently approaching identified selling zones, specifically Zone 1 at 1.2614 and Zone 2 at 1.2660. Anticipation is for a downward price movement initiating from either of these zones.
Projected price targets include:
Target Price 1 at 1.2447, expected to be reached within the forthcoming week.
Target Price 2 at 1.2301.
We will continue to monitor and update the chart dynamically as price action evolves.
My plan keep SELLING GBPUSD all timeframe*Notice: It is Xmas and New Year holiday so that the Market is very slow and low volume. (reduce volume on your trading position)
About this Plan for OANDA:GBPUSD today:
- I saw a strong downtrend structure on almost timeframe of GU : D1 - H4 -H1
- I saw Confirmed downtrend signal on H1 and also H2 timeframe
So I make this plan for SHORT GBPUSD today:
Entry Zone: 1.25200 - 1.25300
Stoploss: 1.25700 (=1R)
Target Expected:
target 1: 1.24500
target 2: 1.23500 (RR= 4.1)
Stop!Loss||Market Watch: GBPUSDStop!Loss||Market Watch: GBPUSD
In correlation with other foreign currencies, GBPUSD is in a downtrend phase against the U.S. dollar, having reached annual lows at extremes near the values of 1.2475.
In correlation with the previous forecast on EURUSD, the following possible scenarios for GBPUSD can also be predicted.
If the downtrend shows its strength, the rate decline may continue, which may be signaled by a downward breakdown of the year's lows at 1.2475.
At the same time, on the four-hour time-frame over the last few days we can identify the formation of a potential reversal formation of the “descending wedge - triangle” type, which ended with its upper directional breakdown.
Thus, if the rate continues its recovery and overcomes the resistance at 1.2615, and then breaks out of the downward channel of the last few months, it will serve as a technical signal to change the downtrend and further growth of the rate.
🚀 Trade with the professionals of THS - Wave Theory!
🔹 All trades are based on wave analysis.
🔹 Fixed stop loss and take profit for risk management.
🔹 100% automation: copy trades through CopyFX service.
🔹 Reliability and transparency: the results are confirmed by the market.
📈 Don't miss the chance to earn steadily!
👉 Connect to CopyFX with THS and start copying profitable trades right now!
💡 Details on our channel and in the app!
GBP/USD Retests Broken Trendline: Sharp Fall Ahead?GBP/USD has broken below a strong rising trendline support and is now trading at a critical support zone.
The price is currently retesting the broken trendline.
If it fails to hold this key support, we anticipate a sharp decline in the coming sessions. Monitor this level closely for confirmation.
DYOR, NFA
GBP/USD "The Cable" Forex Market Bearish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Robbers, 🤑 💰
Based on 🔥Thief Trading style technical analysis🔥, here is our master plan to heist the GBP/USD "The Cable" Forex market. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk Green Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish robbers are stronger. 👀 So Be Careful, wealthy and safe trade.💪🏆🎉
Entry 📉 : You can enter a short trade at any point,
however I advise placing sell limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest high/low level should be in retest.
Stop Loss 🛑: Using the 4H period, the recent / nearest high level.
Goal 🎯: 1.23800 (or) Escape before the goal
Scalpers, take note : only scalp on the Short side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release.
Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan.
💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🫂