looking to go long on GU. waiting for POI to hit Overall trend is bullish on HTF. NOT A SIGNAL
Looking to long GA short term to my supply zone at 173633. Waiting for price to react off my H4 demand zone.
Looking at GBPUSD it seems as GBP gained short term strength to grab -devious liquidity as well as its seems it may be a start to a buy side transition in trend. I’ve market out relevant demand zone and discounted area in which I feel is a key area for continuation to the upside supply zone. Alert is set I will wait for price to come down to my POI.
Looking to short GBPUSD at the marked supply area in regards to recent news of the queen passing we should get some sort of GBP sell off.
GU seems to be forming an inverted head and shoulders pattern - Im in off break and retest of the neckline and will look to scale in once zone breaks and retests. if you want to wait for more confirmation from then on then feel free but trade at your own risk.
EU looking for buys once it breaks the Flag pattern.
looking at long bias. currently 100 pips up, waiting for price to get out of this minor consolidation zone. Confluences - Weekly still uptrend overall, aiming for 142.700 resistance level. - Daily level 140.350 ,also a 61.8% retracement. Overall uptrend - H4 100% retrace also overall uptrend - H1 minor structure broken however there's enough momentum to hit...
Looking at GBPUSD short as its coming to the end of the Rising Wedge pattern.
price has now retraced to previous resistance now support i have drawn a daily zone here to see how price reacts. wait for opportunity or price action signal to get in.
waiting on break of neackline and retest to get in on this short down to the weekly level @1.32094..
looking at gbp/usd longs from here currently testing weekly trendline and still maintaining HL HH.
- Daily Demand zone had a fake out and prok to the upside and now making a retest looking to Buy here - Based off libs im looking to buy to -61.8% which is a perfect supply area. - Be mindful of the Daily trendline marked in blue. lets see what price does. GOOD LUCK!!
- Strong demand zone formed above monthly resistance now support. - Demand area has formed and has bounced 3 times on DAILY, I'm looking at buys from here off the H4 test of my MA and HL. - Daily 38.2% retrace (hopefully) and forming W pattern retest of neckline. - Looking to TP @-61.8% 1.95734. GOOD LUCK!!! :)
Possible inverted H&S forming, price has struggled to Pass DAILY trendline. Looking to go long from here.
H1: rising wedge. H4: 100% retrace Daily: 38.2% retrace Entry: 1.30832 SL: 1.30939 TP: 1.29616 Careful trading :)