GBPUSD I appreciate your input—if you have any concerns or different perspectives, please don’t hesitate to share them with me.
GBPUSD Buy Limit: 1.26616 Stop Loss: 1.26500 Take Profit 1: 1.26660 Take Profit 2: 1.26800 Take Profit 3: 1.26900
Trading success is built on a foundation of solid analysis and informed strategies. While luck can sometimes influence short-term outcomes, achieving consistent profitability requires a deep understanding of the market. Without proper preparation, losses are more likely. If you have any questions or need assistance, I’m here to help
Hello Traders, I would like to share my daily analysis and quality intraday setups for different assets such as XAUUSD, EURUSD, US30, USDJPY, GBPUSD. Please feel free to ask any questions. I am here to help you. Lets learn together.
Entry Price: 1.24909 Stop Loss: 1.24700 Take Profit 1: 1.25250 Take Profit 2: 1.25580
Reason for Entry: The entry aligns with a strong Fibonacci retracement support zone around 1.24909. Price action indicates bullish rejection at this level, suggesting a potential move toward key resistance zones.
🔹Sell Setup
Entry Price: 1.26188 Stop Loss: 1.26400 Take Profit 1: 1.25850 Take Profit 2: 1.25490
Reason for Entry: The entry is positioned near a significant daily resistance level and Fibonacci extension zone around 1.26188. This area has shown strong selling pressure historically, increasing the probability of a bearish reversal.
GBPUSD Think of losses as valuable lessons rather than failures. Analyze your trades, learn from your mistakes, and adapt your strategy accordingly. The most successful traders are those who continually evolve and learn from their experiences.
GBPUSD Trade Idea
Sell Trade Setup (Intraday):
Entry: 1.26618 Stop Loss: 1.26668 (+5 pips) Take Profit 1: 1.26518 (-10 pips) Take Profit 2: 1.26418 (-20 pips)
Risk: Reward = 1:2, 1:4
Reason for Entry:
Price at key resistance confluence Multiple resistance levels stacked above entry point Clear invalidation level for stop loss Strong technical structure for downside targets Price showing signs of rejection at higher levels
Note: This is a trade idea, not financial advice. Always manage your risk and position size according to your trading plan.
GBPUSDtradingview.com/x/KPppKyOe/ Great Long setup for GBP/USD as the overall market structure is bullish for past few weeks and not 1week back it showed some correction to the fib 0.5 to 0.618 golden region and it showed great support there from here the market will continue tis bull rally to the fib extension 1.618 area thus great trade to be in it.
this is purely based on technical analysis and i had not considered any news events and other global factor in it. the target is based on the fib extension tool but it is a big target so this trade could take more than 1 week to achieve but the risk reward is really great 1:4 as i had set my stoploss below the golden region and 100 ema.
hope you could also see and understand the setup and be the part of this magnificent trading setup. In image you could also see a trade take past few days earlier in which market has to come to golden region support to continue its bull rally thus taken short position 1:3 risk reward trade and achieved within the week.
i believe in trade setups which are 1-day timeframe or 4-hour or 1-hour minimum, as i am not a day trader i am a swing trader and this is the swing setup.
i hope you understand the setup and the logic behind this trade and you could do more research and also able to grab this opportunity.