Britishpound
GBPUSD, Possible sell near the zoneGBPUSD can continue to fall. The trend is bearish.
The price is under the Support/Resistance Zone.
Potential profit will be 3 times bigger than the risk.
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GBPSGD bounced off the border!This instrument is inside the downward channel and can continue to fall.
The price bounced off the border.
We can look for accurate sell entry.
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British Pound - Breakout of RangeA ton of markets have been range bound these past few months and we're finally starting to see evidence that some of these ranges are going to break. British Pound is providing a great opportunity short as it breaks below it's range. A lot of potential to the downside with no solid demand coming in until much further below. Could see a breakout today and into next week. Get those shorts ready!
GBPUSD, long to 1.2330. Too big volume fore by bigger price.Hi, friends. My reccomendation for today GBP trade is purchasing with target 1.2330. Why? Like you see X-Volume showe very big volume for sell by bigger price - 13K.
Volume analysis - X-volume script. Levels thanks to X-Lines indicator. More - links below.
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GBP/USD Continuation of Fantastic Trade on CableIn this idea I will explain how you can enter GBP/USD (Cable) with a great risk-reward trade based on the technicals of horizontal support and resistance.
Whoa. We had such an amazing trade here on GBP/USD last time using these zones, let's try to do that again. First let's quickly recap our previous succesful idea:
We found confirmation on the resistance, and had a beautiful short trade. Currently, we are seeing the price lowering towards the support area. You could wait for some sign of support, or enter the trade now. Since the support area is relatively small, you can enter this trade with a great risk-reward.
The second important thing to note is the interesting periodicity. Every 8 days, large moves seem to happen. Basically all important pivot points are around the 8 days period and the price is approaching another 8 day mark soon.
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Disclaimer!
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GBPJPY is close to the Support/Resistance Zone!The price is close to the Support/Resistance Zone and I'm waiting for an accurate entry.
The global trend is bearish and pound is under the zone at the time that's why sell is more possible.
Dear followers, the best "Thank you" will be your likes and comments!
Before to trade my ideas make your own analysis.
Thanks for your support!
Pritish Pound going Up?🧐Hello, friends!💙
Now the British pound has reached a certain bottom and stay at the level of very strong support.💪🏻
The reasons for the carrion price are even lower, I don't see, for this I expect growth. ☝🏻You can find the levels on the chart.😊
Tell me, did you use trading by trend?✍🏻
💥I’m thinking of writing a edu post about this.
Would it be interesting for you?🤔
Stay in touch💋
Your Rocket Bomb🚀💣
GBPUSD is inside the channel!The price bounced off the bottom border of the Range Channel.
We are in the local downtrend that's why sell is also possible, but only if the price will cross the border and fix below.
Now it still a bullish pattern.
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Before to trade my ideas make your own analysis.
Thanks for your support!
GBPUSD, The most possible scenario!GBPUSD can rise to the Resistance Level.
We will see the market reaction after the news today.
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GBPUSD, Supported again!GBPUSD supported again by the Resistance Level.
It can start rising from this place.
Use the only predictable stop loss
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Before to trade my ideas make your own analysis.
Thanks for your support!
GBPUSD is inside the Upward Channel.The price is inside the Upward Channel and can continue to rise.
There is no clear entry point for me, but if you like it you can use it for your own analysis.
Thank you for your support! Glad to be with my followers)
Push like if you think this is a useful idea!
GBPUSD: Sell opportunity after a Double 1D MA200 rejection.GBPUSD is trading within a +2 year Bearish Megaphone and since April 15th has had a double rejection on the 1D MA200 (RSI = 47.993, MACD = 0.001, ADX = 26.766). Even though the 1D technical action is neutral, this is not an encouraging development and since the 1D RSI can't get past the 5 month Resistance Zone, we are taking this as a bearish signal. Our medium term TP is the 1.2000 Symmetrical Support.
Previous Signal:
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GBPCADClear PRICE ACTION.
Break & now waiting for retest.
Golden Ratio at SUPPORT turned RESISTANCE.
Stops above previous High.
R/RR:2
DO NOT ENTER THE TRADE IF THERES NO REJECTION
Double Top Fractal on GBP/USDThe double top is a bearish pattern. What is interesting to see is that GBPUSD is making a perfect fractal here on the second top so far compared to the first top.
Even the two larger volatility candles where the rush to the top and the strong rejection takes place get copied exactly. They have a 16 days distance in-between them.
The most logical scenario is now to monetize the continuation of the fractal and hold a short position when GBP/USD starts the new tradingweek.
There is a slight bullish offset from the first pattern to the second, so you could consider setting the take profit slightly higher and therefore more conservative.
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Disclaimer!
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W W WThe neckline of the W structure will be tagged at 1.2477 before breaking the"Horizontal Resistance" at 1.26214.
Cable (GBP/USD) Great Short Opportunity After the Sudden SurgeLet's look at GBPUSD again. Currently the price is directly at a resistance zone, that seems to get confirmed now by the rejection on the wick and the two very involatile candles directly after. Admittedly, my last trade on GBPUSD where I was bearish already didn't work out at all and got into the stoploss really quickly. Thought, I remain bearish, and the recent surge of GBPUSD gives us an even better risk reward on such a trade.
We can also take the confluence this time of the RSI that just got overbought. Another bearish signal that indicates a possible reversal.
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Disclaimer!
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Recent success stories:
GBPUSD Update. Posibility for LONG positionsHello everyone!
This is an update on GBPUSD!
The price break through trendline and rallied to first important price level as I marked it before. Now I see a consolidation at this level with a perspective to buy after price will go higher than the actual level.
This is just my analysis and it is not 100% accurate. Follow your own rules of entry!
Hope my analysis help you to Take Profits from market.
If you like my scenarios support me with a like or comment. Thank you!
Have a green week!
Just my thought about GBP/USD🧐Friends, I just wana share with you my thoughts on GBP/USD while I look around the market.🧐🧐
🤫To be honest, I choose the entry point very carefully and don't focus on one or two trading pairs.
👩🏻🎓I'm still learning ... If you have any interesting thoughts and tips on working on Forex, I'll be grateful if you share it with me.
In the meantime, I share with you my vision of further movement GPB/USD🙌🏻
Stay with me!💋
Your Rocket Bomb🚀💣
