Gbpusdforex
gbpusdwave structures up close...
as we are in daily correction, and i presume zig zag ABC structure, and for now the price is ending the B structure.
with red ABC is marked B part of it.
with yellow are the structures of the B part with in it. and that ghost yellow pattern is from red A structure.
now it needs to tag that orange low before it goes up for completing the structure, but not necessarily needs to brake it.
if things evolve in this manner than check what they say about gartley probability...
ill make smaller time frame set up chart too. so if you like it, like it! so you will get updated with new one from comment section. will follow C part up close.
#GBPUSD, Time to change direction?After 500 pips of rising on the pound are it time to sell?
In the weekly chart, the Pound was stopped just in opposition to the Ichimoku (Tenkan Sen) red line.
The last weekly candle closes in the shape of a star that can symbolize a trend change provided the next candle is indeed red (we are currently heading in that direction).
Target: 1.2380
GBP/USD, Buy entry after false breakout of mirror levelI will open buy after the false break out of the mirror level 1.2385
- 1.2385 - powerfull level on the daily and weekly chart
- Uptrend will continue with huge probability
After 100 like I will write where to open accurate entry with Stop loss and Take profit points
#GBPUSD, Weekly Technical AnalysisLike the recent analysis, we continue with the buy signal on the above currency.
Since the gbpusd stopped at the support line at 1.20 the price goes back to recover and break every barrier on the way.
If we learn from the other times, any recovery of the gbpusd after the above support seems to have been powerful.
Target: 1.2720
#GBPUSD, Will the increases continue?Strong support in 1.2019 that brings in a lot of buyers.
A bullish trend for several days.
The increases come after a hammer-shaped candle that indicates a trend change.
If we learn from the history of the gbpusd encounter with the above support line the direction is very clear.
Target: 1.2570
#GBPUSD, The declines will stop?Although there is still a huge uncertainty about the Brexit, an opportunity has been created for technical analysis.
The Stochastic has reached the lowest possible level that usually points to Oversold.
The gbpusd came to serious support that could change the downward trend.
Target: 1.25
In case the gbpusd dropped below the above support this signal is canceled.
The trend will continue, let's ride on it #GBPUSDAll signs reinforce the sell signal:
1. The red Ichimoku cloud + the red line above the blue line.
2. The gbpusd below the 100,200 Moving average lines.
3. The gbpusd will look for support to possibly return to the upside and support is at 1.2470.
Target: 1.2470.
The #GBPUSD is falling ... We have an accurate targetLast week we already published a sales signal about the gbpusd and today we will continue and strengthen the signal
Our target is based on very gentle support that gbpusd can easily break through, and after this support, we do not see a target insight that is, the potential for large declines.
Sell GBPUSD
Stop loss: 1.2770
Take profit: 1.2130
GBP/USD Long Idea (5/8/19) Daily Chart GBP/USD Long Idea (5/8/19) Daily Chart
- Price just rejected off of the short term 61.8% fib level and the long term 38.20% fib level. Price had a hard rejection of on the 1.30000 Monthly
Supp Level.
- Looking for price to continue up to the Micro level at 1.32500 which is near the -27.00% fib level.
(4HR Markup Linked Below)