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Gbpusdlongtrade

GBPUSD bullish divergence daily. Lows and Highs Div. I put out a buy on this pair a week or 2 ago, GBPUSD, a lot can happen in this amount of time, last time I called a Long-trade on this pair & the same this time. GBPUSD is moving up towards a neckline breakout on a Double-bottom system intraday. But the real glossy confluence I see is the Daily chart and bullish RSI divergence. In recent days the RSI on the daily chart, where divergences probably work best because most traders look for divergences on Daily & even Weekly, 4hr charts, has seen lower low to higher low on the RSI AND also lower high to higher high on the daily RSI, but on the price action for GBPUSD it was a lazy lower prices down compared to a bullish turnaround on the RSI. So this divergence is going to be noticed by traders and GBPUSD should be a buy going forwards. As an added bonus of confluence, I threw in some MACD's to also highlight that the trade is supported on the Daily by MACD's sweeping upwards.
Long
by Easy_Explosive_Trading
GBPUSD in Mid RunPair : GBP/USD TF : H4 Target : Buy RR : 1/7 Entry : Buy Limit at SWAP ZONE DEMAND Exit : At the last Swing High for TP, Premature Exit TP : Price counter break Mid BB SL : Below SWAP Zone Demand Remark What i see that current price now are making compression to clear the order and give way for big order to go for bullish without any strong resistance. So, iam seeking the swap zone which happen as per circle drawed in the chart. By having a potential 1:7 Risk and Reward, i am taking my gut to pull the trigger. How about others? Mind to share your analysis?
Long
by IqbalFx
GBPUSD NEXT SESSION IDEAS (Long)Ok so gbp was acting up today not gonna lie, but thats ok ,we gonna make our pips regardless. My idea is more on the long side although i have a set up for either side; heres why: ] - Had a massive push upwards this morning - Price is being supported at the lower level i have marked - Price has been stubborn to go down today, yet when it moves up it shoots up - MACD and Stochiastics are nearing confirmation zones if not hit already (crossover on MACD lower level, and Stochiastic in oversold conditions down below. I would like to see price bounce from that bottom level to the target i have place above, however if price breaks this support, we can safely assume the move will only continue downwards since we are at relatively high price for this short term period
Long
by fastboiijd
GBPUSD Long IdeaNote: DO NOT FOLLOW THIS TRADE BLINDLY! Hi traders. Retest of the blue zone to ride it up. Could look to swing this into next week if the economy begins bouncing back up. Fundamentals wise, the UK economy is opening up so Sterling should strengthen against other currencies. Seen a two day cable sell off, approaching a possible reversal. Awaiting a possible sharper entry. Planning on bringing stops to entry once it is possible and take partial profits along the way.
Long
by TheFinancialTRDR
GBPUSD Long Setup Target 1.3450 - SWING TRADEThis is going to be a bit long one i think. I have multiple entries for this trade. First one is Limit buy order at 1.18240 and the other one is BUY STOP above 1.2805. This is weekly chart so stop loss is going to be huge. BUY STOP order has 880 pips stop and BUY LIMIT order has 400 pips stop 1. ENTRY: 1.18240 BUY LIMIT 2. ENTRY: 1.2805 BUY STOP SL: 1.14226 400 & 880 pips 1. TARGET: 1.2804 2. TARGET: 1.3450 TRAILING STOP: I'm not planning to move my stop until the trend line breaks. I will move my stop right after each waves breakout. RISK MANAGEMENT: Minimum risk for this trade is around $90 with 1 micro lot (0.01 lot). So at least $5000 balance required for this trade (2% risk) DISCLAIMER: This is not financial advice Trade safe, Atilla Yurtseven
Long
by AtillaYurtseven
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