Gbpusdidea
GBP/USD 4HR SELL SET UPHi TRADERS this is my trade set up for the GBP/USD
GBP/USD Is in a strong local resistance zone and I am expecting a rejection for a sell trade
This is my analysis only please trade with caution and risk management in place
clean crisp charts I hope it helps if you have any questions please private message me
good luck for this weeks trading
please like comment and follow
GBPUSD top-down analysisHello 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.
Are we going to get a short or breakout?Hi Traders,
Tomorrow's FED meeting will be interesting to see how the USD pairs react. As for GBPUSD we are moving within a HTF descending wedge type of structure which were approaching the upper boundary. Looks to have bearish price action but we could get a breakout and go higher before price drops.
Always wait for confirmation and follow your trading plan.
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Good luck!
GBPUSD: Bailey Supply Wipe 🎯Looking at this pair from the daily we can clearly mark our LH's & LL's confirming the overall bearish trend.
Although price is suggesting signs of wanting a break away from this trendline holding it together, we must remember that price is still in selling territory until the LH marked is clearly broken.
If we bring this mindset to the 4H we can begin to look for our sell entry points.
Price seems to have 'broken out' of this trendline but the bulls are losing momentum.
LTF's are shifting causing BOS and new order flow.
If price is to continue bearish, I would like to see this most recent OB to hold so we can join sellers.
Trades and updates to follow from this idea.
WE NEVER SET ORDERS WITH NEWS AROUND THE CORNER, WAIT FOR NEWS AND REACT.
GBPUSD top-down analysisHello 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.
Update on GBP/USD short- RSI shows there is lots of space for price to move upwards
- hopefully price takes out the area of liquidity above current price, then continues to head upwards to our POI
- if price doesn't reject off of the POI i wont be entering this trade
- TPs are set around previous OBs and also areas of heavy liquidity
GBPUSD top-down analysisHello 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 BUY TO SUPPORT AREA
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
Dear Traders,
If you like this idea, do not forget to support with a like and follow.
GBPUSD top-down analysisHello 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.