GBPUSD FOR BUYBreak nice zone + Nice continuation correction in GBPUSD
you can wait for confirmation to Buy
SL: 50 pips
TP: 200 pips
money management really important!
Let's cook'n some pips
@mdrtrader
Gbusdanaliz
#GBPUSD SELL OPPORTUNITYIn D time frame and 4H time frame we are in bullish corrective move phase and price reached the important Daily resistance area and also yesterday price managed to formed a shooting star candle which is showing us the the selling intend of the participant.
In 1H time frame we have 144 EMA just above the price which act as a resistance and also last 1H candle was a shooting star which confirm last Daily candle. Also yesterday price had broken the wedge from below and as a result this bullish move could also means as a pullback and our wedge trend line can also act as an important resistance for the price.
if price fail to come over the arrow which is the high of this lower time bullish corrective move, then we can technically say this lower time bullish corrective move has ended and we can see another impulsive drop.
1st target would be 1.35500, but I believe price can see lower prices like 1.34800
Overall, we expect for the price to have another drop to lower prices and from there we can look for the long time buying opportunity but at the moment price looks bearish.
GBP/USD BUY IDEAHey tradomaniacs,
welcome to new free trade-setup.
Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation!
GBP/USD: Daytrade-Preparation
Notice:
ALL trades we take ahead the FOMC-Meeting are risky!
Keep your risk low or stay out. ;-)
Market-Buy-Order: 1,29180
Stop-Loss: 1,28655
Target 1: 1,29690
Target 2: 1,30000
Target 3: 1,30340
One-target-Traders: 1,30000
Stop-Loss: 52,5 pips
Risk: 0,5% - 1%
Risk-Reward: 2,25
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 ready to LOAD for the UPSIDE This pair has seen to be rejecting the area of 1.30000 and is currently on a key support level, potential upside movment to 1.32000 is very likely as it has to tap the region of monthly/weekly resistance. May see possibility for this pair to perform a double bottom as of the date 3rd may to confirm its rejection to make higher legs to create higher high.
