GBPUSDRunning trade, 1.1924 entry. Right on liquidity zone 61.80% fib. TL channel is broken/ retested.
Gu
GBPUSD38.20% fib level is holding strong, will close the trade if we break below 1.21506 and will re-enter buys at the 61.80% level
GBPUSDshorting for retest. expecting 61.80 but will close half position at 38.20. Over all we are bullish on GU.
Selling GBPUSDI would be looking for entries to sell GBPUSD to 1.15996 as part of the retracement in my analysis.
Selling GBPUSDWhile getting ready to sell, I can see a Wyckoff distribution forming. I would do a short buy ~70pips if the setup presents itself, before selling.
Buying GBPJPY ~256.4pipsI am currently buying GU for 256.4pips.
*This is not signal, but a reflection of my trading activities.
Buying GBPUSD ~345pipsI am watching for setup to buy GBPUSD for at least a 70pip move and then sell for about a 116pip pullback. I am anticipating bullishness on the GBPUSD for the rest of the week (Wed. through Friday).
*This is not a signal. This is just a reflection of my trading activities.
GBPUSD in short zone!Time to gather some shorts on GBP, but before that im lookibg for reaction!
Targets u can see on the chart!
GUGU could start to fall here after making lower low and a lower high, the price action looks bearish atm, maybe something to keep an eye on this week.
eu time for a breakoutits time for a breakout to the upside for euro vs dollar , with gu already leading this move and a super long dollar bullride that yet is begging for correction. I am expecting a break to the upside here.
eu tried and failed a break of its current trend three times past 2 months. We are seeing another attempt right now with eu trading at the upper resistance of its bigger trend. stay tuned.
this break, once confirmed, would also deliver us a new uptrend in eu.
Simplified plan for GBPUSDhello guys thats the plan for GU after hittin TP areas.
Please like and follow if you like my work.
Simplified plan for GBPUSDsimplified plan for GU please like and follow if you like my work.
(note-Its a long term plan)
GU Price Action for WC 1107 - Short upon LTF BoS confirmationMTF analysis are in the anchored notes for M,W,D,H4, AND H1
Annotations/ Notes and Markups are on the charts
KEY LEVEL = Tried & tested S&R zones
S/R zones are labeled as S/R zones
High Impact News / Potential price catalysts: (My time is GMT +8. Adjust according to your timezones)
TUE, 11/08/2022, (NO SPECIFIC TIME) - CONGRESSIONAL ELECTIONS (USD)
THUR, 11/10/2022, 9:30 PM - CPI NEWS (USD)
FRI, 11/11/2022 , 3:00 PM - NOV 2022 GDP STATS (GBP)
FRI, 11/11/2022 , 11:00 PM - NOV 2022 Prelim UoM Consumer Sentiment (USD)
Free Signal, Pass That Challenge GU - Buy 1.13100-200My analysis involves a blend of several concepts but they are all price action based.
This week I am expecting more bullish pressure. I am no longer a seller at this point and may
not be one for the next couple of seasons as we move into the election cycle, and I feel this
may bring a risk on environment as the US moves into it's election phase.
But for the meanwhile I am targeting these entries.
GBPUSD Sell (Short) OpportunityGBPUSD is at a good sell zone for a drop to the next support area.
GBP fundamentals are still very bad and the UK is now in a recession.
The dollar currency index appears to have reversed to the upside after a deep dollar retrace - this should fuel further dollar strength and GBPUSD should fall as a result.
Simplified plan for GBPUSDhello guys,hope you are doing well
this is my idea gor GBPUSD.
please like and follow if you like my idea.
GBPUSD Daily TF analysisGU looks to have made a skew double top on the daily time frame on a resistance zone, and on the EMA resistance, I still think that we will sell this pair as I said yesterday. They came to look for stop losses, but painted a better picture by doing so, confirming a strong resistance 1.13272. I am in a sell from 1.11972 from last night. So will see how the rest of the day plays out.
4hr GBPUSD Patterns in patternsAs you can see marked out on my charts, the yellow arrows show the top of a massive double-top structure. Both these structures have tested and could not break the 200ema(white line, red arrow) which acts as a very strong support\ resistance.
The second leg of this double top is forming a head and shoulders at the 200ema resistance, and if you look closely, the head of the head and shoulder structure is actually a double top. If you go into smaller time frames you will also see these structures within structures. Its magic lol.
Boost me if you like what I post. Dont be shy
