GBPUSD LONG We can spot a flag continuation pattern to the upside. The ray lines of 1.26923 and 1.27220 are my targets for the day, but in other for that to occur, I'm waiting on a retest t the 50EMA, there's news in some minutes time, so I expect the news to take it down for retest then we buy to our targets.
Gu
ALMOST READY FOR GBPUSD LIFTOFF!We just saw clean bullish momentum for this pair! Such A BIG JUICY... BULL CANDLE and continuation after the FOMC! We have also aligned bullish on the daily, 4H, 1H timeframes.
Now looking for trend continuation to take a long trade.
Waiting for at least a 50% retracement and price coming into the fair value gap (this is a must for my system!)- then we look for a bullish trend change on 15min and ATTACK!
This is looking like a very yummy LONG!
Follow and Stay tuned my friends ;)
GBPUSD 17/12/23Starting our week off with GU now this is one of our only USD secondary pairs that sits in a bullish range within our SW structure. we overall will respect the range for longs while keeping in mind the gap we have under our SWL.
as it stands EU and XU have shifted their bias to short so we could either be seeing a slight miss correlations before the new year, or we have a nice fake out withing our current structures.
either way we are following our entry models and risking the according levels of cap.
A Small Correction Before Another Leg Of Buying?Overall, GBPUSD continues to trade well above a medium-term tentative upside support line drawn from the low of March 8th. From the shorter-term perspective, the pair is balancing above a short-term tentative steep upside line, taken from the low of November 1st. From the beginning of December, we can see that GBPUSD might have formed somewhat of a double top pattern, with the “neckline” being around the 1.2615 zone. Given that the rate has fallen below that “neckline” already, this may have opened the door to some lower areas. That said, this move lower might still be classed as a temporary correction, before another leg of buying. That is as long as the pair continues to run above that steep upside line.
As mentioned above, after breaking below the 1.2615 hurdle, the pair may slide a bit more, possibly targeting the previously-discussed short-term steep upside line. If that line acts as a strong support, the buyers might take advantage of the lower rate and lift it back up. GBPUSD could then travel back to the 1.2615 obstacle, or even to the 1.2733 zone, which is the highest point of November. If the bulls are still not satisfied, a break of the highest point of November would confirm a forthcoming higher high, possibly clearing the path towards the 1.2800 hurdle, or to the area near the psychological 1.3000 territory.
Alternatively, a break of the aforementioned steep upside line and a rate-drop below the 1.2456 could result in further declines. GBPUSD may fall to the 1.2374 zone, or even to the 1.2187 level. That level is marked by the low of November 10th. Around there we might see the pair testing the aforementioned medium-term upside line, which could add additional support.
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GBPUSD 26/11/23Starting off this week with British pounds in the US dollar we finished up last week with a very clear bullish directional bias and we're starting this week with also a very clear bullish bias now we are waiting for our swing high to be created so we can confirm the bullish range that we are currently sitting within I'm looking for overall a pullback to the liquid lows or our unmitigated poi to then trade price higher.
GBPUSD 19/11/23Starting this week off with GU From last Friday we've been playing within a large foolish range all of these structures that we have tracked from last week have been internal with some nice long moves lining up with our range bias we are looking for the range high to be taken and we are going to be looking for lungs into this week again if we break down the internal structure we may look for low risk counter trend sell entries but overall we are predominantly looking main target being 1.25060.
within our bullish range we are still waiting for a SWH to form.
Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
$GBPUSD Short AnalysisHi guys, this time i bring you a $GU Short analysis where i'll be looking for Buyside Liquidity to be taken so we can keep developing and finish this PO3, my short is based on my weekly BIAS which is really bearish, same as Monthly or even Daily, in this case i'm really leaning a lot on my IRL>ERL>IRL>ERL cycle where i expect us to take the liquidity from the lower part.
GBPUSD 12/11/23Starting this up week off with British pounds of the US dollar we were bearish into the last session of last week pushing up at the end of the session leaving us with a non valid BEARISH range, Ending our week with a break of structure higher giving us a bullish range also lining up with our hourly structural sweep and continuation now looking for price to run back down to the highlighted point of interest for higher prices following into this week.
Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
GBPUSD 5/11/23second pair for this week British pound to the US dollar we have a pretty similar set up here to Euro where we have broken down our 5 minute structure towards the end of market session on Friday giving us a new bullish range with a swing low and swing high in place we have a liquid low around 50% of our range so we'll be looking for this to be ran as price pulls back to fulfil some of the unmitigated price lower down and overall watching the low that we just spoke about and our swing poi for bullish continuations heading into this week.
Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
EURUSD 5/11/23Starting off this week with Euro to the US dollar we saw a clear bullish trend established last week and we had some very strong bullish moves from our later session.
We're looking for this move to continue forward as until we see a change in direction or a shift in narrative expect the same trend to continue we've broken down our 5 minute high establishing our swing high as well as a counter swing order block we have a major low within our range we also have an unmitigated area for price to revisit which would be our ideal before the next expansion.
Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
EURUSD 22/10/23EU our last mark up for this week, here we have a bullish move like we have in GU so we aim for our SWH as it stands iam planning on doing the same thing as we have on GBP run a low or run the high then we will look for our setup mainly iam focusing on the internal lows and highs for our tell tell signs of moves higher or lower!
Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
GBPUSD 22/10/23Starting our week off with GU, from last week we had a very bullish out to our week and overall we stay within out bearish higher time frame moves, as it stands we would like to see our high tapped into for the bullish swing range we are on to be fulfilled, keeping in mind we are mainly running major lows, coming into our first session of this week iam looking to our liquid high (21700) i may look for an early short from here to run the EQ lows just under market close.
due to news from the weekend i wouldn't be surprised if we see gap open on our USD pairs.
Remember to always read order flow and follow what price is showing you instead of trading based on your desired direction. And, as always, stick to your risk and your plan.
We'll be closely monitoring market openings and price action throughout the week. If you find this analysis useful, let us know in the comments below and hit the boost button to show your support. Here's to a successful week of trading!
GBPUSD: “618" & "LIBRA" Setup on “Momentum” Entry (34/100)System has identified a “618” fibonacci pullback setup as well as a "LIBRA" or inverse head and shoulders with a potential “momentum” shift market entry during the second hour of the LONDON 12-Candle Window.
RISK: 1R
TARGET: 2R for 618 setup, 4R for LIBRA
***DISCLAIMER***
This is a new system based strategy being live tested for the purpose of gathering data. The system generates between 3-6 signals per session upon detecting a qualifying setup and entry signal. Currently being tested only in LONDON and only using all GBP pairs. The win rate and expectancy are unknown. Please do not take these trades.
GU: “Break & Retest” Setup on “Momentum” Set Stop Entry (33/100)System has identified a “B&R” playbook setup and a potential “momentum” shift sell stop entry during the third hour of the LONDON 12-Candle Window.
RISK: 1R
TARGET: 4R
***DISCLAIMER***
This is a new system based strategy being live tested for the purpose of gathering data. The system generates between 3-6 signals per session upon detecting a qualifying setup and entry signal. Currently being tested only in LONDON and only using all GBP pairs. The win rate and expectancy are unknown. Please do not take these trades.