Gbpusdbuy
GBP/USD Finally Closed Above Important Res Let`s Catch Those PipThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
H&S pattern paved way to the bear-Lower Trendline support aheadGBPUSD
Because of the strong dollar the cable has felled to the one week low while i am typing this analysis. As it faces major rejection around 1.37400 level and the upper side of the trend line was also acting as barrier for the bullish run and we can see a Head and shoulder pattern around 1.37400 level we can expect further downside momentum towards the lower side of the trend line. And in volume profile analysis
point of control will act as support for the bull. If the lower side of the trednline was broken then we can expect further downside fall towards 1.35000 . We can open suitable buy limit around 1.35800 and the swing target would be 1.37400 and stop lose ay place below 1.35300
GBP/USD Trying To Make Inverted Head &Shoulders Let`s Catch IT!This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GBP/USD New Setup To Catch 200 PipsThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GBP/USD New Entry To Catch More Than 480 PipsThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
GBP/USD Multi-Timeframe analysis (Update)Hi Traders
GBP/USD Multi-Timeframe analysis (Update)
H1 CHART (BULLISH)
A very high probability, entry signal to go LONG was given at 1.40910 after the market found support at 1.40514 . Only the downward break of 1.40514 would cancel the bullish scenario.
Support & Resistances
1.40506 1.40967
1.39797 1.41225
1.39259 1.41663
H4 CHART (BULLISH)
Target 1 at 1.40229 has been reached. We closed 50% of our position and have moved the stop loss at the lock-in-profits level at 1.38780 . Provided the market conditions will remain the same Target 2 will be reached soon.
Support & Resistances
1.38283 1.38650
1.37748 1.38761
1.35644 1.39507
DAILY CHART (BULLISH)
Waiting for a retracement lower towards the 1.37027 support level, in order to reinstate LONG positions. Next important support is the 1.36234 level.
Support & Resistances
1.37027 1.40351
1.36234 1.41053
1.35378 1.45180
WEEKLY CHART (BULLISH)
Waiting for a retracement lower towards the 1.34812 support level, in order to reinstate LONG positions. Next important support is the 1.30112 level.
Support & Resistances
1.34812 1.40351
1.30112 1.47642
1.26743 1.60794
GBP/USD Multi-Timeframe analysisH1 CHART
Waiting for a retracement lower towards the 1.38945 support level, in order to reinstate LONG positions. Next important support is the 1.38761 level.
Support & Resistances
1.38945 1.39181
1.38761 1.39354
1.38388 1.39507
H4 CHART
A high probability, entry signal to go LONG was given at 1.38780 after the market found support at 1.38264 . Only the downward break of 1.38264 would cancel the bullish scenario.
Support & Resistances
1.38283 1.38650
1.37748 1.38761
1.35644 1.39507
DAILY CHART
Waiting for a retracement lower towards the 1.37027 support level, in order to reinstate LONG positions. Next important support is the 1.36234 level.
Support & Resistances
1.37027 1.39507
1.36234 1.41053
1.35378 1.45180
WEEKLY CHART
Waiting for a retracement lower towards the 1.34812 support level, in order to reinstate LONG positions. Next important support is the 1.30112 level.
Support & Resistances
1.34812 1.39573
1.30112 1.47642
1.26743 1.60794
GBP/USD Long From SupportAlready holding a long on this but for another entry opportunity you can long from this support providing it holds. EMA's are close to crossing, if price rebounds from this level and EMA's stay long then this should be a safe entry. MACD remains very bullish despite retrace. Setting a short term target of 1.40 then can wait for retrace and re-enter a long with a target of 1.43767