Time Frame: 4H Symbol: GBPUSD Entry: 1.15383 TP: 1.13668 SL: 1.16592 Bias: Short For this pair our bias is short and we think the projection will be activated as we have projected the price levels .
Time Frame: 4H Symbol: GBPUSD Entry: 1.15002 TP: 1.12606 SL: 1.16577 Bias: Short The current price pattern of this instrument is showing a positive tendency towards selling opportunity.
Time Frame: 4H Symbol: GBPUSD Entry: 1.17891 TP: 1.16574 SL: 1.19305 Bias: Short The obvious trend for this instrument is short and we are looking for a selling opportunity.
Wait for breakout of range trade after retest and confirmation. If we don't get breakout so we will ignore this setup.
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Dear traders, As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible I said in the last weeks ...s you can see, the W pattern for a week is almost perfectly respected and GU has already reached level 1 that I proposed last week! from...
GBPUSD Forecast IMO Give a Like and Feel free to share your opinions in the comment! Happy Trading 😊
GBPUSD Short R/R: 1:5 Feel free to share your opinions in the comment!
The GBP USD forecast has a !:2.3 RR setup. Entry at: 1.37225 Target:1.38559 Stoploss:1.36656
GBPUSD market is a sell trade opportunity At the 1:3 RIsk And Reward ratio
GBPUSD price now in resistacne zone what we can except... 1) RED Price can Make a little correction moves downwards upto 1.31200 and then it can move upwards Wait for Price Confirmation @ 1.31200 and then GO LONG... Take Profit @ 1.32600 2) BLUE Price move to new support level Where it will meet upwards trendline @ 1.29950 - 1.300000 ...
The daily is turning up against the March 2020 lows at 1.1412. The 4 hour is turning down against 1.3485. The 1 hour right side is down against 1.2866 to correct the cycle from the March 2020 lows. While it shows it will remain above there later it can see another swing higher to correct the cycle lower from the 2018 highs at 1.4384. BUY...
We have a 5 Wave Downward Impulse structure complete and now starts the Upwward Correction Here We have a Wave A which is a Upward Correction and this is a Type 2 Zigzag (where Wave A or C is a proper 5 Wave Impulse whilst the other is a ABC); This downward 5 Wave Impulse is a Wave A then we will have a 3 Wave structure Wave B and then a downward...
The 4-hour is turning down against the 6/10/20 highs at 1.2815 . The 1 hour is turning up against 1.2440. While a bounce fails below the 6/10/20 highs expect the pair back lower under the March lows. Short term trade setup LONG GBPUSD @1.2460-40 TP: 1.2600 SL: 1.2510 Good luck !
The 4-hour right side is down against 12/13/2019 peak (1.3522) & shows a bearish sequence. 1 hour is also down in short term cycles against 1.2689 high. Near-term, while bounces fail below there expect pair to extend lower 1 more push before the last leg higher against 12/13/2019 peak can be seen to complete the 7 swings from March lows & resuming the downside.
The 4-hour right side is down against 12/13/2019 peak (1.3522) & shows a bearish sequence. 1 hour is turning down against 1.2814 high. Near-term, while bounces fail below 1.2814 high expect pair to extend lower 1 more push lower before correction against 12/13/2019 peak resume as a zigzag structure. BUY GBPUSD @ 1.2410-2375 Target: 1.2550 SL: 1.2320 Good luck !
The 4 hour right side is down against 12/13/2019 peak (1.3522). 1 hour is turning down against 1.2645 high. Near-term, while bounces fail below 1.2645 high and more importantly below 1.3522 high expect pair to extend lower.DO NOT TRADE ON BUYING SIDE
The pair ended a cycle up in wave ((1)) from the 9/3/2019 lows at 1.3519 on 12/13/19. From there a cycle in wave (A) ended at 1.2904 & wave (B) ended on 12/31/19 at 1.3284 to correct the cycle lower from the 12/13/19 highs . While below 1.3210 where the hourly right side is down a turn back lower to correct the cycle from the 9/3/19 lows further develop. While...