Gbpusdbuy
GBPUSD - SWING - 18. JANU. 2021Welcome to our weekly trade setup ( GBPUSD )!
-
1 HOUR
Bearish price action from previous highs.
4 HOUR
Broke above main sr level, expecting more upside!
DAILY
Overall sideways waving market structure.
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FOREX SWING
BUY GBPUSD
ENTRY LEVEL @ 1.35520
SL @ 1.34650
TP @ 1.36810
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
GBPUSD Break and retest was expected around .618 FibonacciGBPUSD
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⏳1 Hour chart
🎲 Possible entry analysis
⛳️ Possible bull/bear target
📚Educational
—————-❇️——————-
Detailed analysis 💬
1️⃣ Negative USD-Positive brexit talks will boost this pair upwards
2️⃣ GBPUSD Has break the downward channel
3️⃣ 1.37000 acting as strong resistance level
4️⃣ 1.37000 Major upper side resistance Key reversal area
5️⃣ 1.36100 acting as key support .618 Fibonacci
6️⃣ 02 nd Sub micro Elliot wave is formed
7️⃣ Technical support - Bull
8️⃣1.37700 will acted as key reversal-bearish
9️⃣ Series of HH HL HH HL patterns
🔟 Possible swing target-1.37700 (1.217 Fibonacci)
#️⃣ Overall bullish trend (Brexit optimism)
—————-❇️——————-
📉 Technical bias-H4-Bullish
Price is above 50,100,200 Exponential moving average
50 Exponential moving average will act as support-Bull
Ichimoku cloud -cloud is still green-Cloud support(Bull)
Bollinger band- Price reached around lower band and short term pullback was expected
Relative strength index - Reached around 40-Medium term bearish correction was expected
MACD -Turned red and fell below the signal line ,oscillators about to cross soon
Stochastic - Reached around 40- Oscillators are pointing upward
—————-✳️——————-
Key reversal area's
1.36000 psychological level
1.37000 January high
1.37500 Key reversal area/psychological level
1.360950 61.8% Fibonacci retracement level
1.35770 50% Fibonacci retracement level
1.35400 series of support level
1.35400 Price action level/Possible entry- Bull
1.37700 1.217 Fibonacci/Alternative bearish entry
—————-✳️——————-
Bullish entry #pound #gbpusd
Entry price - 1.36100
Take profit 01 - 1.37000
Take profit 02 - 1.37700
🚫 Stop lose 1.35830
⬆️ 1.19% Growth expected
⤴️ Account growth 0.19: 1.19
✅ Risk reward ratio 1 : 6.2
—————-⚜️——————-
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GBPUSD - SWING - 12. JANU. 2021Welcome to our weekly trade setup ( GBPUSD )!
-
1 HOUR
Very bullish price action and pressure.
4 HOUR
Closure above main sr level, expecting more upside now.
DAILY
Overall bullish waving market structure, good long entries!
-
FOREX SWING
BUY GBPUSD
ENTRY LEVEL @ 1.35970
SL @ 1.35420
TP @ 1.36840
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
GBPUSD - SWING - 22. DECE. 2020Welcome to our weekly trade setup ( GBPUSD )!
-
1 HOUR
Very bullish price action..
4 HOUR
Closed above main sr level.
DAILY
Overall bullish market about to rush towards previous highs!
-
FOREX SWING
BUY GBPUSD
ENTRY LEVEL @ 1.34200
SL @ 1.32980
TP @ 1.35850
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
GbpUsd- to break or not to break?I've been bullish GbpUsd since it broke above 1.3 and I said that it can rise towards 1.35
Now the pair is trading at 1.34 or so and we may wonder if it will turn or break above?
Looking at price action in the past days Gbp seems very well bid and I believe a break up would occur for this pair.
Also looking at DXY weakness and the fact that FTSE can break resistance is probable that would be the case for GbpUsd also
Fron the technical point of view 1.3250 zone is support now and dips towards this zone should be bought for a swing trade and this anticipated break
GBPUSD Is trading within rising channel 1.34000 Key level aheadGBPUSD
*********
⏳1 Hour chart
🎲 Possible entry analysis
⛳️ Possible bull/bear target
📚Educational
—————-❇️——————-
Detailed analysis 💬
1️⃣ Negative USD-Positive brexit talks will boost this pair upwards
2️⃣GBPUSD was trading within broad rising channel
3️⃣ 1.32500 50% Fibonacci Acting as Dynamic support and resistance
4️⃣ 1.34000 Major upper side resistance Key reversal area
5️⃣ 1.33100 acting as key support and resistance level
6️⃣ 1.33150 78.6% Recent support level for Bull
7️⃣ Technical support - Bull
8️⃣1.34000 will acted as key reversal-bearish
9️⃣ Series of HH HL HH HL patterns
🔟 Possible swing target-1.34500 Upper side trendline resistance
#️⃣ Overall bullish trend-Within Broad rising channel pattern
—————-❇️——————-
📉 Technical bias-H4-Bullish
Price is above 50,100,200 Exponential moving average
50 Exponential moving average will act as support-Bull
Ichimoku cloud -cloud is still green-About to turn red Cloud support(Bull)
Bollinger band- Price reached around middle band is about to break out soon
Relative strength index - Reached around 50 neutral area 50- Will act as support for bullish trend
MACD -Turned red and fell below the signal line ,oscillators about to cross soon
Stochastic - Reached around 60- Oscillators are converging
—————-✳️——————-
Key reversal area's
1.33000 psychological level
1.33800 Today high
1.34000 Key reversal area/psychological level
1.33350 78.6% Fibonacci retracement level
1.32860 61.8% Fibonacci retracement level
1.32510 50% Fibonacci retracement level
1.32000 Major psychological level
1.33100 Price action level/Possible entry- Bull
1.34500 Trendline resistance/Alternative bearish entry
—————-✳️——————-
Bullish entry #pound #gbpusd
Entry price - 1.33200
Take profit 01 - 1.33800 (60 PIPS)
Take profit 02 - 1.34500 130 PIPS)
🚫 Stop lose 1.32800 (40 PIPS)
⬆️ 1% Growth expected
⤴️ Account growth .30: .98
✅ Risk reward ratio 1 : 3
—————-⚜️——————-
Push the like button , And cheer up if you found useful
GBPUSD - SWING - 16. NOVE. 2020Welcome to our weekly trade setup ( GBPUSD )!
-
1 HOUR
Bullish market structure..
4 HOUR
Expecting further upside movement..
DAILY
Great long entries prices broke above main sr level.
-
FOREX SWING
BUY GBPUSD
ENTRY LEVEL @ 1.31850
SL @ 1.31170
TP @ 1.32890
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN