Buy GBPUSD at CMP for Good Risk:Reward Trade....
#intraday GBPUSD is Trading near it's support ... Target and stoploss mentioned on chart...
@VishwajeetSharma
Hello Traders, Welcome to this analysis, we are looking at the M15, timeframe.
My trading strategy is based on simplicity.
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presenting my idea about GBPUSD price getting support at higher period level
these levels not so effective but in longer period define the mkt direction
Effectively works on month basis, so follow the level as it comes cautiously
Good evening fellow traders, for today's post i'd like to share a recap of a trade I took on GU today.
DIRECTION - SELL
ENTRY CRITERIA - Buy side liquidity box formed after bearish BOS and double rejection from said area. Entry on low risk/high reward area of 0.5 fib level of POI
EXIT CRITERIA - Full target towards sell side internal POI, trade target fixed at...
Price has closed below the institutional OCP$ i'd expect a sweep back into the 1.24400 region in order to sweep out retail traders, could also be a nice revesed LQT$ on the daily timeframe too, eyess are peeled for our desired POI, another solid solid potential here.
Going to see how price develops!
Potential RR: 1:25
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Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions , the entry will be taken only if all rules of the strategies will be satisfied. wait for more price action to develop before taking any position . I suggest you keep this pair on your watchlist and see if the rules of your...
GBPUSD Form Ascending Chart Pattern and After falling from his Major Resistance getting support at lower levels and now get straight towards his Major Resistance with the help of Trendline Support…
Now GBPUSD at its Crucial Level and soon it Can Break The Major Resistance….!!!! Looking at below volumes Majpr Players are Building there positions there…
We can see...
GBPUSD regains upside momentum, after a soft start to the week, as the Cable traders await the UK PMIs for January. It’s worth noting that the bullish MACD signals favor the latest upside but the RSI is nearly overbought, which in turn highlights the six-week-old horizontal resistance area surrounding 1.2450. Should the firmer British activity data allow the quote...
