GBPUSD prints a falling wedge bullish chart pattern amid all the pessimism surrounding the UK economy and the hawkish Fed, not to forget the US dollar’s run-up. The recovery moves, however, need validation from the 1.1810 hurdle, as well as the 50-SMA resistance surrounding 1.1840. Following that, a three-week-long horizontal resistance near 1.2010 could test the...
Market now going on uptrend and Fibonacci retracement of 38% retraced to going up and then Target expect at Fibonacci retracement extension level 50% Target 🎯
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...
There is strong weekly support nearby. so expecting price will go down and makes a inverted H&S pattern. waiting for the price to move Use proper risk management. Thank you
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.
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 waiting for retracement and Price trading in nearby 4hr support area and waiting for bullish candlesticks formed it will take entry for above the bullish candlestick and it will go for the next level of resistance Why we like it: Price is trading in nearby 4hr support area Waiting for bullish candlesticks formed possible to move the next resistance...
Symmetrical triangle pattern structure formed, wait for the trend line support or resistance level breakout after entering the trade
Wait for the double top neck level breakout after entering the trade
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (1.1781). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . GBPUSD is in a range bound, and the beginning of an uptrend is expected. . The price is below the 21-Day WEMA, which acts as a...
GBPUSD dropped consecutively during the last four days to approach the yearly low marked in July, before recently bouncing off towards 1.1800. The bears, however, appear more dreadful this time as the RSI has comparatively more space to hit the oversold territory than the previous south-run to refresh the multi-day low of 1.1760. That said, the 1.1760 level may...
Market now forming an harmonic pattern , now in demand zone of market level on previous level of support
#GBPUSD waiting for retracement and Price trading in nearby 4hr support area and waiting for bullish candlesticks formed it will take entry for above the bullish candlestick and it will go for the next level of resistance Why we like it: Price is trading in nearby 4hr support area Waiting for bullish candlesticks formed possible to move the next resistance...
GBPUSD Good Buy 4 hr Time Frame. You can easily go for a long buy for GBPUSD GBPUSD
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...
Looking for a Long on GU. Use proper risk management. Thankyou
#GBPUSD waiting for retracement and Price trading in nearby 4hr support area and waiting for bullish candlesticks formed it will take entry for above the bullish candlestick and it will go for the next level of resistance Why we like it: Price is trading in nearby 4hr support area Waiting for bullish candlesticks formed possible to move the next resistance...