Gu
GBPUSDAs i said in the last week... "as I have been saying since May 15 ... As with EJ, GU consisted of the same patern W and 1 week chart and 1 month chart what makes me prepare for Sell 700-1000 Pips as I say for a few weeks!
If we look into the left on the one-month chart you will see that even if it closed below level 1.42, Gu has climbed up to Zone 1.43700 before he descends 2300 pips!
This week I will look for Sell but a possible closure even on 1 day above Level 1.42 will make it 150-200 pips and from there Sell minimum 700 pips!"
THIS WEEK...GU made the first drop of 700-1000 pips as I told you a few months ago ... it has passed the number 2 target and is heading towards the number 3 target!
However ... I expect a retreat move to around 1.35500 before a new descent!
Pay close attention to the news about the new coronavirus ... it can cause big manipulative movements
NOTE: Please, give a LIKE if you find this idea useful!
GREAT ATTENTION:
*This information is not a Financial Advice.
MORE LIVE TRADING: AU, EU, AND GU Sharing more live content. Limited commentary as I am trying to focus on seeing if we have setups. I was analyzing GU for the majority of the morning and it is not moving correctly. It is aggressively swinging and no clean set ups present. I was also waiting for EU to present a move and missed it by missing the last high/low area. Missed two 11RR longs/hedges from the 5s. Hopefully I can find something else prior to my work day. Not seeing anything on AU right now.
GBPUSD Hi there. As u can see we got our range and we got external OBs as well as one internal OB which was created after BOS inside of the asian Range.
This is not financial advice DYOR before taking any actions. Carefully watch those levels. U can go to lower TF and look for confirmation entry. But most of the times price will just spike to those levels and revers.
Weekly outlook for Major Forex Pairs Hi there!
This is my own view on for the upcoming week for most of the major pairs.
DXY looks bearish, so im looking to short USD and bullish on other pairs.
---Disclaimer---
I am not a registered financial adviser and hold no formal qualifications to give financial advice. Everything that is provided in this video is purely for educational purposes only. All information here should be independently verified, researched and confirmed.
Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.
GBPUSDAs i said in the last week... GU also reached my number 2 target and made 800 of the 800-1000 pips predicted a few months ago
this week I expect a retreat move to target 1 and from there ... DOWN AGAINS to 1.30
However ... a closure even for 1 day over the number 1 target means a new range in this area
THIS WEEK...as I said, GU rejected and reached the number 1 area and now I am waiting for a range between level 1 and level 2!
However, any closure even for 1 day outside of these levels will make me think of a new analysis.
NOTE: Please, give a LIKE if you find this idea useful!
GREAT ATTENTION:
*This information is not a Financial Advice.
GBPUSD - hedge funds are now more LONGAccording to the latest COT report by CFTC on 2nd November 2021, hedge funds have added LONG positions to GBPUSD.
Descending wedge will likely break upwards to at least the 0.65~0.618 Fibonacci ratios.
The Fisher transform and FSVZO momentum oscillators also indicate a shift in momentum to the upside.