GBPUSD Buy zone H1 1.0611 - 1.2628GBPUSD Breakout with previous support level 1.2700 Now its working as a resistance.
GBPUSD Buy zone H1 1.0611 - 1.2628. Currently running near with support. get confirmation and enter trade.
SL ( Set a uniform set of 15$ ) only for your reference and you can set it according with your free margin.
Gbpuds
GBPUSD 4H (Pivot Price: 1.2457)GBPUSD
stabilizing above 1.2457 will support rising to touch 1.2513 then 1.3561 then 1.2599
stabilizing under 1.2457 will support falling to touch 1.2410 then 1.2367
Pivot Price: 1.2457
Resistance prices: 1.2513 & 1.3561 & 1.2599
Support prices: 1.2410 & 1.2367 & 1.2315
timeframe: 4H
GBPUSD Mid-Term AnalysisSep 27
This Analysis was done using my full Strategy which includes:
- Smart Money Concepts
- Multi Timeframe Liquidity and Market Structure
- Supply And Demand
- Auction Thoery
- Volume Analysis
- Footprint
- Market Profile
- Volume Profile
- etc
This expectation is a framework in order to look for a potential trading setup, I don't just execute based on this levels, I always wait for confirmations on lower timeframes
Links for free teachings + full mentorship down here and on my profile
#GBPUSD it's possible to buy#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 area
1st support:
1.30541
Next Zone area & horizontal swing Low support
1st Resistance
1.32576
Zone area & horizontal swing high resistance