GBPUSD Friday Buy SetupAs detailed on my chart, I am looking to sell for about 50pips, and then buy for about 80pips to conclude the bullish move for this week. It's been a good ride. Next week might see massive bearish moves.
Gu
GBPUSD Friday Buy Setup PT. 2I would be looking for a pullback setup to 88.6, then a sell before the final buy of this week. Price action is showing steady exhaustion to the bullish run of the week.
GBPUSD Friday Buy Setup PT. 3Price broke the high, so my previous idea to sell became invalid. I would be look for a pullback to the indicated OB for a buy to TP. We just have one news item on the docket today. There's no more room for further downward price action.
Buying GBPUSD ~150pips continuationThe Buy setup held...thankfully. I gave the entry in the earlier setup. We need one more push to reach the TP at 1.22747. I would be anticipating the reversal at 1.21396 or at the demand zone. The key is a 15min BOS. I would add more positions only after the pullback. As always, trade cautiously.
Buying GBPUSD ~150pips continuation Pt.3If we do not have a 15min pullback and price breaks the high, I would be expecting a resistance at around 1.2206 that would take out the liquidity of 1.21399 before shooting to TP. Manage your positions adequately.
Buying GBPUSD ~150pips continuation Pt.4I am currently in a sell with GBPUSD to my buy entry at 1.21340. I would be buying to TP for about 141pips for today. This is part of my ongoing buy analysis on GBPUSD. The buy setup might not have been as simple as point A to point B, but it has given direction to understanding the movement of GBPUSD.
GU sell live trade executionjust a quick video on how i executed on this GU trade.Just some small insights into how i take a position.
Scenario 2: Selling GBPUSD ~100pipsPrice action is not encouraging for the earlier setup. Well, every trader must be adaptable. I looking to sell from the 38.2% to 1.20625 about ~100pips, if Price keeps building up into supply. I would be looking buy positions after that.
GBPUSDRunning trade, 1.1924 entry. Right on liquidity zone 61.80% fib. TL channel is broken/ retested.
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)
