IMBALANCE REACHED As I was mentioning a week ago (FVG) Imbalance was reached yesterday afternoon. Now I expect consolidation for a couple of days and then a sharp move to the downside during FED CPI News. After that price should go up to the 1.14800 level or thereabouts.
At the moment I'm Long for today.
Cable
GBPUSD NEXT BIG TURNAROUNDHi there,
I hope you will find what I do extremely intriguing:
In the global markets (on any chosen or given market such as Forex), I am extremely accurate at
predicting the exact dates and times a Major continuous directional movement will begin, and
also when that movement will end.
It has taken me around 4 years of non-stop, daily study and in-depth research into the markets to
achieve this skill.
Here is the next biggest move on cable.
gbpusd - Begin trade - wednesday 19th october - 05.00 - end trade tuesday 00.00 - monday 24th
october
GBPUSD next big movement! Hi there,
I hope you will find what I do extremely intriguing:
In the global markets (on any chosen or given market such as Forex), I am extremely accurate at
predicting the exact dates and times a Major continuous directional movement will begin, and
also when that movement will end.
It has taken me around 4 years of non-stop, daily study and in-depth research into the markets to
achieve this skill.
Here is the next biggest move on cable.
gbpusd - Begin trade - wednesday 19th october - 05.00 - end trade tuesday 00.00 - monday 24th
october
Joe Gun2Head Trade - Sterling weakening, lower prices expected.Trade Idea: Selling GBPUSD
Reasoning: Sterling weakening, lower prices expected.
Entry Level: 1.1163
Take Profit Level: 1.0933
Stop Loss: 1.1245
Risk/Reward: 2.89:1
Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
GBPUSD Daily Projection 07/10/22GBPUSD
GBPUSD has broken through its MA100 again and is waiting for a confirmation of the downtrend again. The cable is currently in the range of 1.10793 - 1.12016 and looks set to make a price correction today after yesterday's support break. With yesterday's increase, GBPUSD has finished making price corrections in all timeframes, so the potential for GBPUSD to continue its downtrend is very large. NFPs later tonight can speed up this process so be careful about entry.
We got SL yesterday. do SELL LIMIT 1.12395 SL 1.12912 TP 1.10857
R3 1.13502
R2 1.13025
R1 1.12520
PV 1.12016
S1 1.10793
S2 1.09196
S3 1.07258
GBPUSD LONDON OPEN 06/10/2022GBPUSD retraced after the drop yesterday, if price continues to trade below 1.5043 which is my major resistance, then i will be looking to short GBPUSD down to 1.1226. then if this support breaks expect more downside.
though am looking forward for more retracement to 1.1380 - 1.1406 before dropping down.
GBPUSD is in the Supply Zone, good for SELL.GBPUSD Daily = Downtrend.
Cable ( GBPUSD ) is in the Supply Zone , most likely will going down turn to Demand Zone (1.07650 - 1.0888).
I prefer Short / Sell entry in Supply Zone (we should find the smallest Supply Zone for Sharp / Sniper Entry) with Stop Loss @ 1.7700 and TP #1 = 1.1220 & TP #2 = 1.0900 (Swing Trading).
GBPUSD Today's Projection 04/10/22GBPUSD
GBPUSD rose and reached the range 1.13025 - 1.13502 after successfully breaking out yesterday. Today most likely the Cable will make a minimum price correction to support 1.13025 or to 1.12520 before continuing its rise to resistance 1.14139 while waiting for the MA20 to make a golden cross with its MA100 and confirm the full uptrend.
Possible to take
Doing BUY on this pair does not get a good RR.
R3 1.14139
R2 1.13695
R1 1.13502
PV 1.13025
S1 1.12520
S2 1.12016
S3 1.10793
GBPUSD Multitimeframe, structure, supplyGBPUSD is close to main supply zone in current bearish price expansions. And though I don't like to trade such big impulses (because of big amount of inside structure), it's possible to look for shorts, if LTF confirms.
📉 Text marks:
🔹 IL = impulse leg. Inside of IL we can usually see inside structure, which is secondary in nature, like a market noise, unless you trade it on LTF, as it’s own IL.
🔹 ph, pl = protected high or low, which holds current structural impulse.
🔹 bos = break of structure . Based on candle body close below/above previous structural impulse.
🔹 rsz, rdz = refined supply and demand zones. Specific areas to look for LTF confirmations. They are manipulative up-moves before real down moves, or vice versa. Strong hands (the Composite Man, as Wyckoff called it) often come back to such zones to close their manipulative orders at breakeven, before pushing prices further. If body closes outside of the zone, in most cases it will mean the cancellation of the setup.
🔹 if ltf confirms = entry only if there's a shift of structure on lower TF inside of rsz or rdz, or any other type of backtested and approved confirmation.
🔹 liq target = liquidity target: next profit taking levels for strong hands, our main targets based on current price action.
☝️Disclaimer: ALL ideas here are for EDUCATIONAL and MARKETING purposes only, not a financial advice, NOT A SIGNAL. I share my view on the market and search for like-minded traders. YOUR TRADES ARE YOUR COMPLETE RESPONSIBILITY. Everything here should be treated as trading in a simulated environment.
👉I believe that "right or wrong" mentality is a fundamental flaw of any beginner. In reality, a trader is right only when he executes the system and follows his rules, and he's wrong only when he's taking random setups. A trader should find a system he's willing to work with long-term, hindsight test, backtest and then execute live, then refine until perfection.
🚀Thanks for your BOOSTS and support🚀
💬Send your comments and questions below, share your ideas and charts, I'll be glad to talk to you💬
GBPUSD Daily Projection 30/09/22GBPUSD
GBPUSD finally confirmed its temporary uptrend after bullish engulfing last night, broke resistance 1.08693 and reached resistance 1.10793. The price probably will make a price correction today to its new support at 1.08693 before another attempt to penetrate resistance 1.10793 will be carried out up to the 100 MA at 1.12016. Stay alert because on a major or daily basis, Cable is still in a strong downtrend. Be careful, because today is the last day of the month. Where is the possibility that the price will make a correction to close the monthly candle.
Possible to take
Doing BUY on this pair does not get a good RR.
R3 1.13025
R2 1.12520
R1 1.12016
PV 1.10793
S1 1.08693
S2 1.07258
S3 1.06417
GBPJPY ...bearish 4H viewAfter completeion of the distribuation phase of Wyckoff with breaking out the support level which converted to resistance...retest was done and formation of new downtrend below the Fibo 0.61 level, below MA200 and bouncing off the trend line ...down move is expected from that level...be safe..
GBPUSD Daily Projection 28/09/22GBPUSD
GBPUSD moved quite slowly yesterday after correcting its MA8. The price was no longer able to break support 1.06417 for the second time and kept going back and forth to resistance 1.07258 which is also the current MA8. Use a breakout strategy on Cable if you want to enter this pair. Also be aware of the Daily correction which has the potential to reach 1.10000
It is better to wait for the clarity of the trend before entering this pair.
R3 1.12016
R2 1.10793
R1 1.08693
PV 1.07258
S1 1.06417
S2 1.05237
S3 1.03984
Pound weak and isolatedThe threat on the long term chart is unpleasant for GBP, 1.15xx and 1.05xx have been set up.
Just at the right moment, because BOE cannot now recapture the short-end of the rate curve with inflation still to reach his goal. To open things up, a simple test below 1.175x is all that is needed with Jackson to unlock the flow; a textbook swing ever since we saw restraint at 1.40xx.
If 1.175x is taken then 1.15xx is next to account, leaving 1.05xx wide open for this to collapse like a house of cards. After 1.15xx, I suspect the helplessness of buyers will be quite touching. This swing position is technically very similar to the previous GBP waterfalls we traded together with Brexit, Elections etc, a classical momentum move.
The prognosis for the Jackson flow seems quite good for sellers (not overwhelmingly so for those who are still sidelined). A test of the barricade at 1.19xx seems manageable, and where I am actively looking to add shorts, because for that the buyers would have been exhausted. Please note, invalidation only with closes above 1.20xx.
A master plan! Let's see how our counter attack move plays out.