GBPUSD - WEEKLY SWING - 02. SEPTEMBER 2018WELCOME TO DACAPITAL TRADING!!
GBPUSD just started moving as expected, quick Timeframe breakdown for free and everybody.
4 HOUR
Big gap opened, expecting this to be a buyers stopout..
DAILY
Very bullish movement last few weeks breaking several resistance
WEEKLY
Market oversold massively expecting a small pullback now before any other movement
LEVELS
BUY GBPUSD @ 1.29170
SL @ 1.28130 (100 Pips)
TP1 @ 1.30300 (115 Pips)
TP2 @ 1.30720 (155 Pips)
MOVE SL TO BE @ HIT OF 88.6 FIB!
Weekly Wave Swing, Close 3/4 Position at Hit of TP1!
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Gbpusdbuy
GBPUSD Possible Formation of Bearish Butterfly Pattern Hi traders,
Looks like we're having a possible bearish butterfly pattern forming due to the confirmation of the below rules:
AB: 78.6 retracement of XA
BC: 50.0 retracement of AB
CD: possible 1.272 retracement of XA
CD leg also coincides with extreme pivot high (no.1).
Watching for break above 50 fibonacci retracement. If confirmed, you can trade the completion of the D leg with targets set at pivot high no.3,2 and 1.
As always, be careful when trading these set-ups and always wait for confirmation of the pattern to be on the safe side. I'll be watching this very closely.
Happy trading!
GBPUSD 1hr tf:3 crucial info. to keep in mindCommentary based on the numbers indicated on the 1hr tf of the GBPUSD is given below:
(1) The meandering price action of the GBPUSD from May 29, 2018 till present date is captured in this analysis using a falling wedge (diagonal) with price action successfully testing the support and resistance line at least twice; hence validating the chart pattern. This pattern is ideally bullish, signals a possible end to bearish action, and resumption of a bullish trend.
(2) 1.31041 and 1.30687 is used in this analysis as the support region anticipated for the GBPUSD should a break occur below the latest bullish trendline (in pink color). Successful test of this region is expected to provide value for long (buy) positions, while a break below 1.30687 (lower region of support) could see price return to test the lower region of the falling wedge.
(3) A bearish divergence is shown with red lines on the relative strength index and price action. This is a warning signal and implies that the current bullish momentum is running out of time. Also of worthy note is the pink line (bullish trendline) and the red line placed on price. These two lines themselves form a rising wedge that should be watched closely.
The rising wedge (ideally bearish) is also one of the reasons why a break below the pink bullish trendline can trigger a quick sell off.
A break out above the upper line (resistance) of the falling wedge that is confirmed by momentum should see the GBPUSD continue its current bullish trend.
1.33024 is indicated in this analysis as the price level to watch for a possible entry in a long (buy) position. This is considered very conservative, while less conservative approaches involve finding an entry point(s) before price exits the falling wedge.
GBPUSD - WEEKLY SWING - 17. JULY 2018WELCOME TO DACAPITAL TRADING!!
GBPUSD just started moving as expected, quick Timeframe breakdown for free and everybody.
4 HOUR
Explosive reaction to 1.31000 KL
DAILY
Formed a bullish HL, expecting new Highs!
WEEKLY
Overall bearish market but also oversold strongly, we need a pullback and
sellers pressure is slowing down
LEVELS
BUY GBPUSD @ 1.32080
SL @ 1.30800 (130 Pips)
TP1 @ 1.33490 (140 Pips)
TP2 @ 1.33990 (190 Pips)
MOVE SL TO BE @ HIT OF 88.6 FIB!
Weekly Wave Swing, Close 3/4 Position at Hit of TP1!
Enjoy our limited Free Content and Setups,
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DACAPITAL TRADING
GBPUSD LONG TERM BUY UPDATE AND FUTUREThe USD pairs are a thing of beauty, I love milking these pairs.
GBPUSD is not the most beautiful out of them yet its chart is still very profitable. We were able to catch 150 pips three weeks ago when the pullback towards the monthly key level of 1.35500 yet the market decided it didn't want to make it obvious and let us make money so they quickly reversed and decided the next monthly low is a better level to reverse.
Now with the market already hitting that monthly key level of 1.30550, it's moving its way upwards, banking us almost another 200 pips so far.
For next week, we will expect a small pullback of around 25-50 pips and then another substantial amount of rise towards the weekly level of 1.35500
Good luck
GBUSD Incoming ReversalGBPUSD incoming reversal
Bump and run revesal structure in gbpusd h4 ,wait price break minor trend line if price break major trendline price possible going to target 1 then target 2
Watch and wait price action in vital price & area
Write trading planing and exit planing to backup your trade if your analysis going wrong
Always write exit planing first before you go in market calculate the risk according to which you are able to receive it
Limit your losses and let gains run
GBPUSD - SETUP - WEEKLY CONTINUATION - 4 JUNEWELCOME TO DACAPITAL TRADING!!
GBPUSD just started moving as expected, quick Timeframe breakdown for free and everybody.
4 HOUR
Market opened and closed within the first 4h above our previous week resistance
DAILY
Daily Candle trying to break this level
WEEKLY
Previous week bullish pullback after a rally of bearish movement
LEVELS
LONG @ 1.33674
SL @ 1.33362
TP1 @ 1.33975
TP2 @ 1.34126
TP3 @ 1.34278
Weekly trend continuation, move SL to BE if TP1 hit and close partial Profits at every TP Level.!
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DACAPITAL TRADING
GBPUSD : THE MESCUDI COMPLEXHi traders,
We been patiently waiting for this trade to place itself for us. We have finally a great risk to reward ratio on this entry. Our favorite indicators are showing us that we are due for some much needed correction. That would be the first step. We would move our SL in profit when that happens. Now, we are in a bearish channel but we touched an important buy zone just now. We may see the ''longer term'' bullish trend take back the control of this pair.
We are already in profit as I write this one down. This means already a succesful trade! Let's see how this one will play our throughout the week!
Here's what I'm thinking :
GBPUSD LONG
ENTRY : 1.35242
SL : 1.34319
TP : 1.39541
Trade safe!
Disclaimer: This is my trading analysis, it is not an invite or recommendation to trade.
>> GBPUSD << April 9th >> Long „Breakout“ Setup <<Hey Guys and Welcome,
GBPUSD broke previous week highs, we are following „Mid“-term Trend with a good RR.
Price formed a low and instantly jumped back up above previous HL with a good indication for another push to the upside changing
midterm trend.
Long: 1.41101
Sl: 1.40733 (25 Pips)
TP1: 1.41405 (25 Pips)
TP2: 1.41897 (80 Pips)
Feel free to Comment and Discuss my Trades.
Have a Great Week :)
Alan
>> GBPUSD << April 3rd >> Long „Swing“ Setup <<Hey Guys and Welcome,
GBPUSD broke back above 60% price movement of previous Week price action, we are following „Mid“-term Trend with a good RR.
Very bearish price action last week retesting and respecting previous lows and 1.40 key area.
Long: 1.40800
Sl: 1.39728 (100 Pips)
Tp: 1.42103 (130 Pips)
Feel free to Comment and Discuss my Trades.
Have a Great Week :)
Alan
>> GBPUSD << March 29th >> Long „Swing“ Setup <<Hey Guys and Welcome,
GBPUSD retraced over 60% of previous Week price action, we are following „Mid“-term Trend with a good RR.
Strong bearish price action this week agains the trend, we are following mid term uptrend and expecting a skyrocket after retesting
our Uptrend Levels.
Long: 1.40224
Sl: 1.38958 (120 Pips)
Tp: 1.41773 (150 Pips)
Feel free to Comment and Discuss my Trades.
Have a Great Week :)
Alan
>> GBPUSD << March 26th >> Long „Breakout“ Setup <<Hey Guys and Welcome,
GBPUSD broke previous week highs, we are following Mid-term Trend with a good RR.
Strong bullish movement over past few weeks occurred, heading towards new highs @ 1.32500. This Level need to be taken out ;)
Long: 1.42230
Sl: 1.41455
Tp1: 1.42991
Tp2: 1.44092
Feel free to Comment and Discuss my Trades.
Have a good one :)
Alan