Gbpusdlongsetup
GU BIAS: SHORT-TERM BULLISHGood morning traders, wishing you a profitable trade today. Currently, the support level of 1.1485 has been holding the price since last week now in the H4 timeframe, and it it's still holding. Mr. GU is pulling back above this level, failing to make a new low. As a result, a bullish candlestick is forming to change the price bearish direction to a bullish direction. If this current candle closes as a bullish tail candle, then it's safe to long this market and aim for 30-50 pips or exit at the immediate resistance level. Also, the 61.8 fib level is being respected: the price is hovering between the 50 and 61.8 fib level snow. The levels to consider for exit: 1. 1590 and 1.1712. Wait till 10 am before going long, that is, wait for this current H4 candle to close. Don't rush.
GBPUSD Long Trade SetupA bullish opportunity recently presented itself on the pound-dollar trading chart. This follows from the bullish harami candlestick pattern which printed just above the 1.14000 psychological level. A stop loss below the same psychological level and a profit target anywhere between your entry and the swing high of 1.22956 could give you a reward-to-risk ratio as high as 5 or even higher. Be sure to size your position based on your trading account balance and apply other risk management measures before placing trades.
Rooting for you!
Your FX Plug
FX:GBPUSD
GBPUSD Gonna LongGU create a classical bullish butterfly pattern with Strong Bullish divergence. So, i anticipate GU 400pips long opportunity!
GU Support Immediate Support : 1.153xx If not Honoured then GU gonna 1.144xx. And Surely GU long long from these Demand zone! Happy Trading with money management.
DISCLAIMER
Remember, there is no place for luck in trading - only strategy!
This analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions. We are the only one person who is responsible for our physical, mental health, relationships, success, and money in our lives. So taking a risk on the markets based on this idea is only and only your decision. You deserve the profit and you are responsible for your potential loss. Any opinions, news, research, analyses, prices, or other information discussed in this idea. Here i anticipated as price action, do not constitute investment advice, Because i'm not your financial advisor. The author of this analysis does not accept liability for any loss or damage.
It’s time to long GBPUSD?Hi traders as we can see we are sitting in a good support if price can hold this support we can enter long after a candle confirmation and also a double bottom pattern but there is no confirmation yet. Note (double bottom pattern is a reversal pattern from downtrend to uptrend)
If you like my idea like it and comment your opinion
Good luck all☺️
GBPUSD Long Term Predictions (4H Chart)Technical Analysis Summary
GBP/USD
TREND ANALYSIS
We have 1 Uptrend in green color which we are currently Breaking.
We have 1 Downtrend in red color (Long Term)
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
Yellow Levels are levels from my past ideas published or levels that were respected from the past.
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
If you find this content beneficial please don't forget to LIKE and FOLLOW
Trading Involves High Risk
Not Financial Advice
Exercise Proper Risk Management
Will GBPUSD RETRACE THAT WHOLE DAILY TF CANDLE IMBALANCE????????Price moves for TWO reasons
1. Liquidity
2. Imbalance
On the daily TF there is over a 200 pip IMBALANCE. (pull it p and see for yourself lol)
A retrace is due.
GBP should LONG to fill 45-50% of that imbalance.
My 1st TA is 45-50% of retrace into Daily Imbalance candle.
After that monitor the DXY closely to identify if she will continue the trend UP or CONSOLIDATE and break to the down side.
Never over leverage.
Trust your trade set up.
Have fun!
#TradingMadeSimple
GBPUSD BULLISH OUTLOOKCAPITALCOM:GBPUSD
Presently, we see price reacting to an area of demand which initiated a bullish rally to the upside- creating a shift in the previous bearish structure.
Price reaction to the present demand level would cause some bullish impulse to fill up the last bearish imbalance created which caused price tap into the demand zone.
GBPUSD Long Term Predictions (4H Chart)Technical Analysis Summary
GBP/USD
TREND ANALYSIS
We have 2 Uptrend in green color (LONG TERM AND INTERNAL TRENDS)
We have 2 Downtrend in red color (LONG TERM AND INTERNAL TRENDS)
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
Yellow Levels are levels from my past ideas published or levels that were respected from the past.
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
If you find this content beneficial please don't forget to LIKE and FOLLOW
Trading Involves High Risk
Not Financial Advice
Exercise Proper Risk Management
GBPUSD Long Term Predictions (4H Chart)Technical Analysis Summary
GBP/USD
TREND ANALYSIS
We have 2 Uptrend in green color (LONG TERM AND INTERNAL TRENDS)
We have 2 Downtrend in red color (LONG TERM AND INTERNAL TRENDS)
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
Yellow Levels are levels from my past ideas published or levels that were respected from the past.
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
If you find this content beneficial please don't forget to LIKE and FOLLOW
Trading Involves High Risk
Not Financial Advice
Exercise Proper Risk Management
GBP/USD Long Trade UpdateHey Guys!
There was actually a new weekly short trade that formed this week, so the weekly bias remains long however, the target has changed to 1.3750. Moreover the Entry level at 1.3313 and the Stop loss at 1.3163 does not change.
Furthermore, we got some waning of short term short strength with the Break Out of a downward 1H trendline and no immediate break back in.
So for the time being, I'll still be watching for some short term short strength to kick back in. So I can get a pullback to the long entry point at 1.3313.
Have a great day guys!
Ken
Disclaimer: This is not Personal Financial Advice.
GBPUSD Long Term Predictions (4H Chart)Technical Analysis Summary
GBP/USD
TREND ANALYSIS
We have 2 Downtrend in red color (LONG TERM AND 2 INTERNAL TRENDS)
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
Yellow Levels are levels from my past ideas published that were respected.
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
If you find this content beneficial please don't forget to LIKE and FOLLOW
Trading Involves High Risk
Not Financial Advice
Exercise Proper Risk Management
GBPUSD Long Term Predictions (4H Chart)Technical Analysis Summary
GBP/USD
TREND ANALYSIS
We have 2 Downtrend in red color (LONG TERM AND 2 INTERNAL TRENDS)
We have 1 Internal Uptrend in green color
Be careful trends need to be modified when broken to the new peaks(Downtrend) and lows (Uptrend).
FUTURE PREDICTIONS
We have many resistance and support levels that I have mentioned above.
I use thickness as an indicator of strength of levels (ONLY FOR VISUALS).
Yellow Levels are levels from my past ideas published that were respected.
Good luck everyone, stay safe!
If you need help don't hesitate to send me a message or comment
If you find this content beneficial please don't forget to LIKE and FOLLOW
Trading Involves High Risk
Not Financial Advice
Exercise Proper Risk Management
GBPUSD LongLonging the cable. Pound reached the support area I was looking for in the previous post, I expect a bullish run in the next couple of days/weeks. 200EMA and 50EMA crossed in 2h time frame. according to Forex sentiment 63% of the traders are Longing the pair, this is not financial advice but my views on the pair. Make sure to use proper risk management and I wish you a good trading week.