Gbpusdidea
GBPUSD SHORTS 📉📉📉Expecting bearish price action on GU as we are in a bearish market strucutre from a HTF premise, price takes out 2 area of buy side liquidity and then quickly reversed with a strong bearish momentum. Market Sentiment indicator tells us that retailers are LONG on this pair and if we apply the contrarian trading approach to the markets we should look for SHORT opportunites.
What do you think ? Comment below..
GBPUSD more downside incoming...?Liquidity was introduced with that quick up move, followed by a semi-violent move in the opposite direction -- a typical institutional play. They will revisit the indicated price range before taking price lower. Use lower timeframe confirmations (e.g. distribution, market structure reversal, etc.) before you enter shorts. GL
Will GbpUsd break under support?Since the beginning of 2022 high of 1.37, GbpUsd is trading downwards making lower highs.
Now the pair is trading in very important 1.3 support and the pressure is clearly on the downside.
In my opinion, the pair will break this support and can drop to 1.25 in the medium term.
Sell rallies is my strategy for this pair and only the price back above 1.32 would change my bearish opinion
GBPUSDGBP/USD seems to have gained traction before testing 1.3000 but the pair faces several resistance levels that could easily cap the rebound. The first hurdle is located at the 1.3040/1.3150 area (static level, 50-period SMA on the four-hour chart) ahead of 1.3080 (static level, 100-period SMA) and 1.3100 (psychological level).
In the meantime, the Relative Strength Index (RSI) indicator stays near 40, suggesting that the latest recovery attempt was a technical correction and that buyers remain hesitant.
On the downside, 1.3000 (psychological level, static level) aligns as key support. In case this level turns into resistance, the next bearish targets could be seen at 1.2970 (April 13 low) and 1.2920 (static level).
GBPUSD possible sell zone!!GBPUSD has already created a false breakout to the daily trend and close back below. in the new trading week, it is highly likely that it will test the weekly confluence zone will continue to fall downwards in the direction of the major trend.
Please press the thumbs up if you find value in this analysis.
GBP/USD Running In 150 Pips , New Entry Added To Get 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
GBPUSD top-down analysis, UPDATED!!Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBP/USD Running In 100 Pips, 2 New Entries Added To Get 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 Full Analysis,2 Long Entries Available 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
GOLD top-down analysis, UPDATED!!Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPUSD LONG!!!1Monday looks to have set the base for a potential long with London Killzone offering the high and low of the day.
London open we seen manipulation running the asian range buyside liquidity before reversing and taking out the lows followed buy a Sharpe reversal breaking market structure to the upside and setting the tone for the week.
CLASSIC LONDON OPEN WHIPSAW.
Now we look for our way in , well wait for London open again tomorrow see if we run the current sell side liquidity into the 5mob=fvg shown on chart.
Entry- 1.30000 BIG FIGURE
Stoploss- 1.29959 (0.42%)
TP- 1.310000 BIG FIGURE
HUGE RR trade offering 10/1 with 0.42% risk and potential growth on 10k account of 3.5%
Well be managing the trade accordingly once we clear today high at 1.30565 and reduce are risk.