Bearish on 4hr, bearish on 1hr, i'm expecting price to fall down to 1.31702 after sunday opening session price opened at 1.35561, which is also our 16.8 fib extension rejection gold zone. SL: 1.35689 TP 1. 1.34350 TP 2. 1.33502 TP 3: 1.31702 Please do not risk more than your capital.
Just like you I was expected a bad report on the NFP, but looks like the US job report surprised us. 467K was the actual news release data, with a consensus prediction at 150K, the pound dropped significantly, and will continue to. we are currently in a swing sell trade, let see how this plays out. Target 1 & 2 is in play for today's swing.
Multiple liquidity stop hunts, 4hr trendline has been rejected, so waiting for price to retest support before heading back up, which is when we will enter for long.
GBPUSD is on the way for a pullback before reaching our final zone of 1.36000 let me know your thoughts. Please check my previous analysis on AUDUSD, its doing really well since analysing this way, understanding market structure, price action trading, institutional trading and patterns.
Clear price action trading idea. Price to retest, then enter for long. We just hit our major support and broken market structure.
long gbpsd...... pair has broken resistance, 16.8fib extension touched, this is flying
Here's our idea of what we see GBPUSD heading. The pair is currently bearish and trading within a channel. Price failed to break the trend and resistance. We are trading zone to zone
I have 4/5 reasons to confidently say this is going to drop. Only confirmation I'm waiting for to enter is for the MA's to cross. As soon as they cross you can count this will be a good R:R
Chart speaks for itself, only thing I would mention is that we are in a bullish channel trend check on 4hr. However, price may fall to 1810. whatever happens, I called it. Happy friday!
1830 has finally been broken. Overall trend is Bullish if you check on 4hr time frame. Price will either break below this mini support, retest 1830 before going back up to 1849. However, this mini support I call has been touched recently, so I am waiting for a couple of confluences before I get in. The first is the crossover of MA on 15 time frame. If price...