Looking at buying gu from a much better price like last week we predicted that price would come into the region of 1.38250-1.38300 and we was spot on once again this week I am looking for a similar setup this week I will be looking at two buy orders from 2 zones we have only been bullish so much we can only keep going up my target is 1.44 which is previous monthly...
LONGS FROM LOWEST PRICE POSSIBLE 1.38000-1.38250 quick overview Looking at gu we can see that we have been in a very strong uptrend as we have broken above the 1.37400 level we was ranging around that region swell for a couple days until recently we have seen a break above that previous level and now we are starting to go towards the 1.40 level which is a...
Dear traders, GBPUSD pair has been trending sideways right from Jan 21 , a strong resistance zone between 1.37250 to 1.37500 area stops the bullish movement for nearly 3 weeks, This week expected to break the resistance Last week this pair seen a false breakout and went up strongly from 1.35750 area.. Hope this pair enters the next zone which could brings...
Description: The counter GBPUSD is moving upwards in the support trend line from 11th January. The counter has tested more than twice on the support trend line . The previous entry of the counter is at the price of 1.3651. Since then there is no indication for a breakout or a trend reversal. Therefore long is more preferable for this counter and the bullish...
looks to go higher , and aims for 1.37 area towards the month end, analysis for month end , only for education purpose
Looking bullish after the post US Election stages, this week it expects to go to the price of 1.33 area,
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 ...
Zone is determined as strong , as price is now making 3rd/4time touch..wait for any candlestick confirmation and Jump in.
Buy because trend is up and we bullish inverted hammer on major support
Analysis mentioned on the chart. As long as the support holds , the pair should move up for a corrective move as wave 2 .
In day chart, doji candle formed at the support which is a good sign of support.
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Strong bullish momentum of last week continues at least 1.32 area