Update on morning trade, I was waiting for a pullback for entry and proper SL but GBPUSD did not take a pullback and went straight to hit tp. Unfortunate.
Good Morning Traders, after a bullish move on Friday, the price was rejected from the level we have used in red. I am still bearish in HTF and would consider opening a short when the price breaks the last 4hr candle (1.21940) and SL at the last high for 1:3 or 1.21237. Hope you are able to understand my post. if you have any doubt let me know in the comment...
GoodAfternoon Traders, BTC currently is in an uptrend, and for the volume profile to work we also have a sideways market I have marked the volume area entry stop level and target levels. if BTC manages to break to the upside from the volume level can think of a long. NOTE: NOT A FINANCE ADVICE.
Good Afternoon traders, The major trendline is crossed but the price is at the resistance level, and still in a downtrend. I am still expecting the price to go down after taking some liquidity. All the levels are mentioned in the previous post. If you have any questions comment down below. Thank you for supporting my ideas. NOTE: NOT A FINANCIAL ADVICE.
Good Morning Traders, GBPUSD is following this major trendline and I am expecting GBPUSD to go down again after hitting resistance. would recommend opening shortly after a bearish candle once it reject the trendline again. all the levels are given in the last post. NOTE:NOT FINANCIAL ADVICE
Hello Traders, Currently price broke the level and does not show any clear direction. although the price is bearish I am expecting a small recovery on 4H only and RSI is also showing oversold. Every level is marked on the chart is on 4H. Let me know if you have any questions in the comment section. Not financial advice.
Hello traders, After a month target hit and currently market is consolidating not clear of trade idea. not a financial advice
Hello Traders, After a consolidation, GBPUSD created a new level. Today I took a short and my TP got hit. mostly I will be looking for short today but there is an event at 6 pm IST. check on forex factory so trade carefully. Also today I passed my MFF challenge phase 1. 😁 Not a financial Advice
Good Afternoon Traders, After a month sideways, GBPUSD again goes sideways, and today or at least for the next 4hr I do not see any setup or reason to trade. if you cannot be 100% sure about ur trade setup, would recommend avoiding trade. For Indian viewers, Happy Rakshabandhan.
Good Afternoon Trader, After the whole of August, the market was sideways, and now it broke to the downside. so my view for next 2 3 days(possible) will be downside. Or at least today the view is downside. but before entering into trade wait for a nice pullback. I will enter on 5min TF. Currently price is approaching strong support and have to keep an eye on...
in 1st entry, my SL got hit but then again I entered and got my TP hit. most probably I will not trade for the day as there are some events for GBP and USD both. check Forex factory for the event time. please check my last post for the 2.30 PM IST update on the 4h candle and then the 6.30 PM update. I will update below the last post. Not a financial advice
Good Morning Traders, Yesterday and on Friday I took this trade. on 4hr view is the same as my previous posts. GBP USD is in major sideways. as I updated in my previous post, trade if u have some experience with your trading system or just stay away from this instrument. As for today, right now bullish candle is closed so the expectation is same for the next...
Good Afternoon Traders, As GBPUSD is in major sideways, I would recommend you guys stay away from trading or use some solid sideways market strategy. if you are a indicator-based trader, try to avoid trading at all costs. Happy Monday Not A Financial Advice
hey guys when you trade you have to understand the market behavior. recently I have started to notice 1 particular behavior this morning and yesterday also. goto 5min at 10.30. -1st gbpusd will create high/low (in this scenario it is creating high) and -then creates low and -then goes up just and then comes down just to take the low it has created after...
yesterday and today i took these 2 trades. Sorry due to work i could not update you guys. currently, i don't see any clear plan in GBPUSD. as it is ranging at 4hr and lower TF. you can take a long entry but wait for pullback then add your entry techniques. or you can wait for a price to create trend and then enter at pullback. for 4hr view, check my last...
update on this idea, if i would have taken a risk and put my sl at the orange level, this is 1:3. but i have used a safe sl and got out of the trade with 1:1.
Looking for short. GBPUSD is in the channel for most imp. it broke the major trendline and also took resistance on it. recently formed resistance is also holding a price below it and currently forming a good bearish candle. I will be looking short on 5min after pullback. this is not a financial advice
this instrument is in strong downtrend and may continue same behaviour. i am expecting a break of low and will try to look for short entry on Lower Low break/support break