Gbpusdidea
Buy GBPUSDHello traders, for today’s daily analysis let’s look at GBPUSD. Price retested this major zone and created a double bottom. After that it ran up and made a higher high and higher low. This on top of other confluences confirm the move up. If you like this analysis make sure to follow me for more.
GBPUSDIn my opinion, I still see Buy trade in Higher TF and I consider as an opportunity to entering the market with the combination of SnD and Elliot wave
In SnD(Supply and Demand) there is an Orderblock at 1.35000
And I consider trendline which ended near OB in D1 TF which give me more confidence to excute the Order
And the last reason there is a Zigzag as Wave 4 always there is appearance of any corrective patterns(Triangles, Zigzag, Combinations...) just as I see there have Zig zag patterns
Note; Be reasonable when you place your Orders and always use proper risk management
GBP/USD Short Setup After Daily Closure To Get 300 Pips !
No Entry Right Now , We Should Waiting Until Daily Closure To Confirm , If We Have Not Daily Closure Below 1.36000 So This Idea Is Not Valid
This 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: The Best Entry To Buy With 99% of Success !!Hello Traders,
As we can see, We are Now at the End of the Wave D, The Price reach the Resistance Zone . The Market Maker Candle appeared with Divergence at the MACD as shown, so now we're targeting the final wave (E) that give us a potentiel 99% of Buy positionfor Now !
- Buy Position :
- Price: 1.36684
- TP 1 : 1.38197
- TP 2 : 1.38845
- SL: 1.36034
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GBPUSD Potential Third Drive into 1.38000 Confluences
a. The structure of this pair is Creating a lower low and rejecting same support
- it also rejected the same support recently in the third time.
b. Created a momentum on 4H and lower timeframe.
c. Daily Engulfing Candlestick
d. 4H Potential FIB 61.8%