Price while moving in downtrend it has recent resistance at 1.1600/1.1657 & also creating a new low breaking the previous one. now on a high tf pov price needs to respect 1.1600/1.1657 as resistance if price is to continue to go down in respect to the downtrendline. And a breakout of the resistance would result in the breakout of the downtrendline leading gj to go...
GBPUSD closed the week with such bearish engulfing move after a retest on a newly formed downtrendline. so if gu is to continue moving down then it should keep on respecting the zone at 1.1939 as its resistance & continue to push down by breaking below 1.1716.
Hellooo...My Dragon Friends i see GU have movement reversal up. but lets see...my "reversal up" target maksimum just at 1.3420-25. if cross over that number, example 1.3450, will see break that line, can go to 1.3650-1.3750 (maks). and we call GU make some little uptrend. But if cant break 1.3420-25, its just reversal UP, to make more downtrend and make lower...
Hellooo...My Dragon Friends i see GBPUSD still going down if not HOLD at this number 1.3650. Lets See Happy Trading Smart Trading Money Management Risk Management Disclaimer On
Hellooo...My Dragon Friends i see GBPUSD already break the triangle. i see will go to down trends to our old target at around 1.3290-1.3310. but if break upper line, resistance, i can see inverse SHS pattern, and can go to resis 1 at 1.3750 and resis 2 at 1.3855. Lets See Happy Trading Smart Trading Money Management Risk Management Disclaimer On u can see the...
Hellooo...My Dragon Friends i see GBPUSD already break triandle and confirm double top pattern. and already break 1.3600, that the strong support. i think GBPUSD if want back up just go to 1.3610-40, and will get down trend again, and we sell it from there and end TP at 1.3300 Or just we that bearish flag and go to 1.3400. Lets See Happy Trading Smart...
last time GBP/USD gone to predicted direction due to the push in usd in the NEWYORK session now looking at the fibonacchi it will be going above soon or maybe it willl continue falling. and plz do give review to analysis
Hellooo...My Dragon Friends I see, GU have triple top now...and REsistance still strong HOLD at 1.3900 and have one false break. Lets See Happy Trading Smart Trading Money Management Risk Management Disclaimer On
Hellooo...My Dragon Friends i see GBPUSD for uptrend still HOLD at the resistance. i see GU have some retracement down. Lets See Happy Trading Smart Trading Money Management Risk Management Disclaimer On
Hellooo...My Dragon Friends I see GU can go back to 1.3500-20, after go up too 1.3700-20. but break 1.3800, will going up again may want test 1.4000 Lets See Happy Trading Smart Trading Money Management Risk Management Disclaimer On
Hellooo...My Dragon Friends For this correction this down trend is 1.3850, 1.3800 and 1.3770 (for my watchlist) if going back up, I will make by, ig break 1.4000 I will add more buy for TP at 1.4250 again but break 1.3750 I will add more sell for TP go to 1.3550-20 Lets See Happy Trading Smart Trading Money Management Risk Management Disclaimer On
GBPUSD Weekly Forecast - Expect DXY short term up move then high potential one more down to break the low - look for GBPUSD sell setup from range level 1.41200 - targeting to break previous structure low towards range level 1.40600 or below
GBPUSD Weekly Forecast - Expect DXY retracement down this week before the continuos of up trend - look for GBPUSD sell setup from range level 1.39300 - 1.39600 - targeting to break previous structure low at level 1.38000 - may consider swing trade target at 1.36800 or below
GBPUSD Forecast - expect down trend this week - the coming down move could be fast - targeting to break at least structure low at range level 1.36500 and below
... hard!!! ... and here is the DXY
ACCORDING TO PAST WEEK CANDLES AND STRONG RESISTENCE LEVEL SELL POSITION IS RATIONAL!. 3 TOP PATTERN ALSO CONFIRM IT!
This pair has an interesting setup I want to play out no matter where it goes. If it continues to go down, it can possibly form a harmonic for the bull, or just keep dominating for the bears. If it decides to shoot up sooner than later, that means a pullback is complete. So I am waiting it out until it hits a zone to determine the next trade. Here are your...
The pair ended a cycle up in wave ((A)) from the 9/3/2019 lows at 1.3519 where the hourly is turning down. While a bounce fails below there it can see a pullback correct the cycle from the 9/3/19 lows. While it shows it will remain above the 9/3/2019 lows where the 4 hour right side is up it can see another swing higher in the correction of the cycle lower from...