GBPUSD / H4 / Double Bottomlast week market pushed up from the support level..now after some drop market bounced again from same level forming a double bottom...
High probability Trade ..
---> Buy
---> Stops below swing low
----> S1 , S2
Gbusd
GBPUSD Has Closed Above 1.43 Resist LineThis chart mostly speaks for itself. GBPUSD has been looking to break that resistance line at 1.43 and has closed above that on the 4H. Look for the retest and then get set to enter this pair because it hasn't hit this mark since February of this year (and had candles close below where it is now).
Other market indicators are also suggesting this pair goes long, so at a glance, this pair should continue on the uptrend.
Outlook is very long, very positive and it wouldn't be a bad idea to make a long position very soon.
REMEMBER: This has not been a very common analysis for this pair, most people say this trend will change to bearish on this pair.
Possible short from Weekly/MonthlyI think that GBPUSD can go down to uptrend and resistance from this strong resistance zone.
TP 1 - 1.38600
TP 2 - 1.35-1.3580
ETHUSD Buying now..Textbook setup, impulsive wave, breaking of downtrend and consolidating in form of a bullish flag.
Using a tight stop because watershed falls are still possible.
Blessings to you
GBPUSD Bearish Correction Bearish Zigzag Correction on the GBPUSD to 1.1700. This I feel will be a correct and looking for a bounce at this level.
GBPUSD SHORT IDEAGBPUSD forming a pretty nice upward channel. Completed wave 2-3 and wave 3-4 seem to be forming.
LONG CABBLE LOW RISKLong cable from 1.5404 this pair have turned the corner and we are making the U-turn with it.
The pair is in an up-trend (1 HR Timeframe) the price now have now tested the higher-low of 1.5404. Here we can long and place a very low risk stop just below the 1.5404 because we are expecting a higher prices above 1.5551. The law of trendS expect a new high because we have already make a high above 1.5479.
STOP: 1.5395
1ST TARGET: 1.5551
