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Gbpusdsell

GBPUSD, 4hr tf, sell on conlfuence of resistanceHello my friends, I hoped you all are doing well with your trading. I myself am having a bad week as some positions hit stop loss. This week alone i got 4 positions hit stop loss and got 8% loss banked. Each trade was using 2% risk so in total it was 8%. Well thats not a problem because everybody will have a bad week or months in trading. Nothing to be a shamed of. For today i am gonna trade lightly and i already got some positions in mind which looks very interesting. First is GBPUSD pair. As you can see, price still moving inside the ascending channel which could be a potential bearish flag in the future. Price currently moving into an area of confluences which is the meeting point of ascending channel and horizontal weekly resitance. In my opinion, we could see sellers step in to hold this area and a rotation to the lower side is likely to happen. Sell GBPUSD 1.3265 Stop loss 1.3300 Take profit 1.3160 (3R) RR ratio 1 : 3 Use only 1-2% risk Good luck
Short
by HayatoDragonFX
GBP/USD SELL SIGNAL Hey tradomaniacs, welcome to a new free trading-setup. GBP/USD: Daytrade-Execution Note: Risky trade I personally take due to the previous fakeout of GU. Price just bounced of 1,30 and was not able to break through. We just had bad news about brexit and pound doesn`t benefit from DXY weakness which is caused by EURO demand. Sell-Stop-Order: 1,29920 Stop-Loss: 1,30190 Target 1: 1,29610 Target 2: 1,29450 Target 3: 1,29155 Stop-Loss: 27 pips Risk: 0,5% Risk-Reward: 2,83 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Short
by Trading2ez
3
GBPUSD, 4hr tf, ascending channel breakoutHello my friends, Another setup coming to all of you is GBPUSD pairs. As you can see GBPUSD has been moving inside ascending channel for 1 month since September 22nd. Yesterday we finally see price breakout of it with a solid candle close on 4hr tf. The daily chart also show that price close below it on daily closing basis. I am gonna sell GBPUSD on the retest of those channel. Notice there is now also a horizontal level which has turned into resisance. This 1.3000 area is now a resistance and we could say this is an area of confluences as there is so many resitance right now at his area. Sell limit GBPUSD 1.3010 Stop loss 1.3075 Take profit 1.2815 RR ratio 1 : 3 (3R) Use only 1-2% risk Good luck
Short
by HayatoDragonFX
GBP/USD May fall 32-62 PIPPlease support this idea with LIKE if you find it useful. We can initiate a short position either now or wait the confirmation. short positions below 1.3130 with targets at 1.3045 & 1.3015 in extension. The RSI is bearish and calls for further decline. Thank you for reading this idea! Hope it's been useful to you and some of us will turn it into profitable! Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
by hassiikahloon
GBP/USD SELL SIGNAL Hey tradomaniacs, welcome to a new free trading-setup. Notice: market kinda choppy today and Brexit-Talks still ongoing! Aggressive management my friends! GBP/USD: Daytrade-Execution Market-Sell-Order: 1,29735 Stop-Loss: 1,29940 Target 1: 1,29545 Target 2: 1,29410 Target 3: 1,29230 Target for One-Target-Trader: 1,29410 Stop-Loss: 20 pips Risk: 0,5% - 1% Risk-Reward: 2,52 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me. Any questions? PM me. :-)
Short
by Trading2ez