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Gbpusdidea

GBPUSD: Trapped Sellers Everywhere 🐻After analysing the volume and delta profile, it seems that a large number of sellers are found trapped down the chart where we have had previous fake breakouts. Now that we are in a major supply, it is likely to see some of these bullish moves being corrected. I will be waiting for a liquidity grab of the equal highs created within the supply, followed by a shift in the structure before I join the sellers. Traders, if you have your own opinion about this idea, write in the comments section, I always reply. 💬 🚨 RISK DISCLAIMER: Trading Crypto, Futures, Forex, CFDs, and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use a tight stop loss. -------------------------------------------------------------------------------------------------------- Please like, subscribe, and share this idea with others! ⬇️ --------------------------------------------------------------------------------------------------------
Short
by AlkalineFX
14
GBPUSD: Zone to Zone Compression 🎯Price is trading at the main supply near the previous high. I have illustrated the type of compression liquidity grab move I would like to repeat again before we start to see some downside. This pattern is very common near areas of interest. A battle between the buyers and sellers form before a liquidity grab is performed to reverse the trend. Do you like these setups? 💬 Traders, if you have your own opinion about this idea, write in the comments section, I always reply. 🚨 RISK DISCLAIMER : Trading Crypto, Futures, Forex, CFDs, and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use a tight stop loss. -------------------------------------------------------------------------------------------------------- Please like, subscribe, and share this idea with others! ⬇️ --------------------------------------------------------------------------------------------------------
Short
by AlkalineFX
20
GBPUSD | Good Buy Opportunity. Hurry up!When it comes to GBPUSD , I think you might get a buy opportunity based on the current price range. If the support S1 holds the price you may take the buy position and target T1. Just incase, the price breaks through T1, you may also target for T2. And also, don't forget to place the stop below the previous support to reduce the risk. If you find this technical analysis useful, please like & share our ideas with the community. What do you think is more likely to happen? Please share your thoughts in comment section. And also give a thumbs up if you find this idea helpful. Any feedback & suggestions would help in further improving the analysis. Good Luck! Disclaimer! This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Long
by maxprofwizard
GBPUSD: Ready to Buy 🚀After successfully completing our sales this morning (View Below) we are now looking to buy from the key levels of interest. Although we are trading within demand, imbalances remain below. I have illustrated what I would like to see depending on what level rejects. Always locate a level and refine it on the lower timeframes before you proceed with a trade. Traders, if you have your own opinion about this idea, write in the comments section, I always reply. 💬 🚨 RISK DISCLAIMER: Trading Crypto, Futures, Forex, CFDs, and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use a tight stop loss. -------------------------------------------------------------------------------------------------------- Please like, subscribe, and share this idea with others! ⬇️ --------------------------------------------------------------------------------------------------------
by AlkalineFX
24
GBPUSD: Supply Holding 😜Today is a Bank holiday virtually everywhere, so expect low volume in the markets. I am open to the possibility of a trade today but spreads must be suitable. No real high-impact news but be mindful of the US Manufacturing PMI at 14:45 GMT. Market sentiment shows that buyers have slowly started to close out and sellers have increased. However, the sentiment still currently remains at 56% net long and 44% short. If this supply level holds, sellers may take price all the way down into demand. Do you think it will? 🎯 Traders, if you have your own opinion about this idea, write in the comments section, I always reply. 💬 🚨 RISK DISCLAIMER: Trading Crypto, Futures, Forex, CFDs, and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use a tight stop loss. -------------------------------------------------------------------------------------------------------- Please like, subscribe, and share this idea with others! ⬇️ --------------------------------------------------------------------------------------------------------
Short
by AlkalineFX
11
GBPUSD - Potential Short OpportunityHey Traders, this week we will be monitoring GBPUSD . Putting all recent price action and the drop in bullish momentum in to perspective, GBPUSD is poised to face a confluence of resistance at 1.3600 - 1.3625. NB: A confluence of resistance or support is simply an intersection of two or more key levels. Market participants are more likely to gather around an area that involves two or more factors rather than an area with just one. The aforementioned price zone coincides with the fib's golden ratio (61.8%) drawn from swing high to swing low and the down trendline. I expect price to retest this key level and should the market fail to break the bearish market structure from a daily perspective, I will be shorting the pair. Take Profit 1: 1.3450 Take Profit 2: 1.3350 Take Profit 3: 1.3200 Stop Level: 40-50 pips above entry price Happy Trading Week Ahead and a Pipful 2022! Please like and leave a comment.
Short
by K_Budu
Update on GBPUSDIf you followed my previous analysis, now that you've hit TP, congratulations to you. But if there are some of you who don't use the TP or TP further, you can take some profit and move the SL to break even. Because on the daily timeframe the price has started to move towards the kumo cloud, we are still waiting for confirmation whether the price will bounce when it hits the kumo or enter it. However, due to the strong bullish momentum, I think the price could break above the kumo and head towards 1.37, so we'll see what happens.
Long
by PictoPip