GBPUSD Chart Analysis 26th August 2022GU should continue moving up if it continues to respect the uptrendline. a breakout of the uptrendline or 1.1796 with bearish momentum would lead the price to coming down again to retest the key level at 1.1796.
Gu
GU Short Price formed a LH on the hour chart and we are in a overall downtrend. With rejection of the 1.18 level I believe price is headed down
GUCan't post my 5min Chart. Check the market structure shift on 5min chart.
around 3AM (NY - Time) (London session)
Take Note✍🏽
GUGBPUSD Looks short, DXY is now flying, EU is falling, Oil is regaining strength, GBPUSD should fall down to the previous low at the least.
GBPUSD Long With Elliott WaveFlat seems to have ended.
Continue the uptrend to wave C.
You may consider Buy with a reasonable Stoploss.
You refer to this idea of mine, but this is not investment advice!
GBPUSD short With Elliott WaveGBPUSD short With Elliott Wave
Flat is forming on the H4 time frame.
In short you can consider Sell
This is not investment advice.
Just a reference idea for trading GBPUSD based on Elliott wave principle
GBP/USDGU has being rallying down since MAY 2021. It has reach a daily order block, after a bullish BOS on the weekly TF. On the 4H TF structure broke to the downside ( within Jun - Jul), and mitigated ( from Jul - Aug). The second mitigation has taken place on the 1H TF, exhibiting our rules of entry(BOS, 1st Mitigation with LQ grab, 2nd mitigation as trigger entry).
GBP/USD Shorting !!We can cleary see GU in downtrend. We found or zone on 30min where I expect our reaction from,mainly BECAUSE of INDUCEMENT. Both of this clear OB that I selected,I consider them as SMT (smart money trap)... Good luck :))
GBP/USD seems bullyThis pair is different of EU. But still the same things gonna happen here. We are in strong downtrend here, but local downtrend almost broken. We crossed the 200 EMA up and hit 2 trend lines. SO, here we go. We have a great setup to trade. If we brake our downtrend lines we can open buy and next stap is far away near the 1.24. If we bounce off it down, so we won again :) We just put short here immediately and our target is 1.20 at first, and 1.18 at second.
I love such a weeks where you can trade using only simplest TA)))
But keep focus, because this is the market and no one can handle it. Even trendlines and EMA))
Best regards, yours Fridrex.
You must short GU!Hello all, with the fiasco of reality going on all over the planet. Technicals have been a show..
GU looks to be breaking HTF strucutre in it's weekly downtrend. Therefore, I will be looking for selling opportunities at the supply zones listed.
On the LTF side, I'll be looking for buy confirmations to buy towards our POI sell levels.
Discuss!
GU SellsGU broke down after the news, lets see if we can get a mitigation back into the last demand zone and sell even further down to the last low or even lower.
GBPUSDMight be my last post here for a while, GU swing could be a profitable play judging the 4H and Daily chart,
GBPUSD WAITING ZONEjournal your trade, make yourself the best in making decision in which, you don't have to harm yourself.
GBPUSDGBPUSD makes a HNS at bottom of value there is a potential we see a sharp rise in the pair, if you have followed from my previous post you are deep in profit, congratulations :) Wait for a pullback to enter for the best Risk and reward.
GUGU being super, caught some great pips this week, this area has potential to add some position size to the trade again, as we pullback and look set too rise up from here, check our original analysis of GU below.
GU 4H 6/19/22 Bearish Continuation IdeaWaiting on market open to see where price is going to go.
This could be a scale in entry for the current downtrend that is already happening.
Waiting on pullback completion to determine actual entries. Price is currently in previous 4H liquidity zone area.
Using Coach Max FIBs
20220619GU
FOREXCaught little something on GU today.
Short video for you. Hope ya'll enjoy. Take Care.
PS. Will definitely talk in my next video haha😊✍
GUGU - Broke a short term high. Waiting patiently for price to come to that FVG or might wick through the gap and hit that Bearish Order Block. Take Note. ☝🏽
GPBUSD ideal with Elliott WaveGPBUSD ideal with Elliott Wave
Leading Diagonal is forming.
There will be a drop before going up again.
Short then Long
gbpusdgbpusd has broken high and 15 min ob has been formed. Looking for entries on 15 min or lower to get in.
GBPUSD Daily Analysis | July 11Throughout the starting week, as mentioned in my EURUSD analysis, I expect dollar strength across all the USD bound quotes and GBPUSD, correlating with the previous to some extent, should not differ much. Would consider shorting the pair at around 1.20700, targeting 1.17560. If the shorts take place, my stop loss would be 1.22874
