GBPUSD / HEAD AND SHOULDERS? THOUGHTS PLEASEI know this pair is going to drop but looking at it in a different angle am i correct in thinking this is a head and shoulders pattern?
Gbpusdsell
GBPUSD / SHORTPrice is ranging within this channel, we saw a slight break above but i believe this will fall soon
GBP/USD and potential SELLHey tradomaniacs,
GBP/USD is is still in a downtrend and shows weakness the closer we get to the key-resistance-levels.
After the end of the previous correction and pump of POUND vs USD we might see another rally to the downside as soon as the previous high gets confirmed as a lower high.
More bearish confluence could force buyers to give up in order to secure their profits with the next momentum to the downside.
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. :-)
GBPUSD / STILL BEARPrice is still bearish IMO and I still stand by my original analysis BUT I have seen that we reached an area of support (which was once resistance) that price has reached and bounced off of.
I believe price will now come down and breakthrough this level and go to its next highlighted level of support.
I am basing this analysis off of divergence and previous price action.
GBPUSD - SELL OPPORTUNITYGU SELL POSITION - Targeting TP AREA (+30 PIPS)
- Risk management is key!
Trade Safe
GBPUSD - SHORT IDEA / WATCH TODAYThis pair is still bearish and I am waiting for a fall, price will need to break support (level 1) before we enter another sell.
I intend to TP at level 2 BUT if price is gaining momentum and signals are showing that price will continue falling then we will adjust the SL to the level below (Level 3)
Price may again come up for a retest of the previous level, if this is the case we will buy towards what is now resistance.
Confirmation of bearish trend:
Divergence 1hr TF / There is no change in divergence on the 4hr which tells me price is ready to drop
DXY is bullish and we are anticipating a breakout
Other correlating pairs are also looking very bearish and we are looking to capitalize on those also
GBP/USD SELL SIGNALHey tradomaniacs,
welcome to a new free trading-setup.
NOTICE: THis is meant to be a preparation for you. As always we need to wait for a confirmation!
GBP/USD: Daytrade-Execution
Sell-Stop: 1,25275
Stop-Loss: 1,25585
Take-Profit: 1,24770
Stop-Loss: 31 pips
Risk: 0,5% - 1%
Risk-Reward: 1,70
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. :-)
GBP/USD Technical Analysis
GBP/USD has formed a double top pattern at the high, which could be a potential lower high formation.
Further, it has broken a critical support level of 1.25268.
Hence, we expect the pair to be bearish in the short-term and head to lower levels.
(13.07.2020) GBPUSD supposedly expected to decline to 1.25300(13.07.2020) GBPUSD supposedly expected to decline to 1.25300
GBP/USD SHORT OPPORTUNITY (4 HOURS):Market may go for a 3 drive pattern above. If we close below the zone, we shall be in for a ride down.
GBPUSD - Watch out for on Monday!Confirmations
1. Divergence on lower timeframes
2. We have approached a key level of resistance and price had failed to break through
3. When price reached this level previously it fell to the highlighed level of support
4. DXY is going up
Already entered last week and price retraced back towards the top, im holding this position and I have added another one in
GBPUSD - STRONG SELL IDEAAs stated in a previous idea price took a bit of a dive but once price hit the daily level it retraced back to the top to test resistance.
I expect price to break this level and fall to the bottom again! Im still holding my initial sell
GBPUSD - SELL
SL - 1.27003
TP - 1.23571
GBPUSD - BIG DROPPrice has now reached a previous level where it took a big fall, im currently in the sell but i will wait for price to break what is now support before adding another one in
GBPUSD - SELL
SL - 1.26993
TP - 1.22907
GBPUSD Decent Short Off The 1.26 handleHello Traders,
Quick update regarding Cable (GBPUSD). This pair is now approaching 1.26 critical resistance zone. A decent shorting opportunity might present itself. Personally I would keep a close eye on this pair especially since Gold is reaching the highest level since 2012.
Cheers!
GBPUSD SHORTLooking to short GU to complete a prominent M pattern. Will also be looking for overbought conditions as well as an Alligator crossover to confirm a short bias.
GBPUSD Pending BuyGBPUSD is waiting for reversal now. It will go for a short sell aftermarket open and buy for long from the bottom.
