Gu
GU sell, have Triangle or CUP and Handle pattern tooHellooo...Dragon Friends...
I think GU start to sell it, i have vision with this pattern.
Triangle or Cup and Handle pattern.
Sell now, SL 1.3200
TP can go to 1.28XX, may can go to 1.25XX
Lets See
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Happy Profit
Hunting Profit
Watch ur MM and RM
Disclaimer On
GBPUSD IDEAI want to see GU fall towards our 4 hour level. I believe we will see a wick to wipe out the previous buyers before a move back up towards the highs.
I have tried to illustrate the pathway with the arrows. Please comment and like if you agree.
And I know.... another colour way lol, i have no clue what colour looks best. If you have any suggestions please help below.
Hope you all have a great month!
:)
GBPUSDGU has rejected our 4 hour resistance and 78.6% fib level. Moreover is still in our ascending channel. I believe price will push up towards the 1.33277 level, which indicates it will liquidate the shorts at 1.33.
This also gives me a stronger bias that this trade will be profitable; the DXY looks bearish as well..
The orange circle is my take profit.
Remember when placing a trade to be only risking a maximum of 1%.
This will help every trader in the long term.
I will keep you updated on this trade.
Take care.
GU MMSM SHORT!!!!Gbp usd showing a market maker sell modle with the 3 levels highlighted .
Consolidation, smart money reversal , expansion.
1.30000 BIG FIGURE is where we'll see the liquidity run and the finish of the move.
1.30600 was the intended target to short but played outside London and Newyork session , will look for a pull back into either session we're we will open the short.
gpbusd breakdown analysis (short)GPBUSD in higher frame have been bearish and kept on printing new lows at 1.3620 , 1.3377 and 1.3205 .
now if we go back to lower frames we can see a bullish run since 28th of January , price kept on printing new higher highs , higher lows until reaching a strong supply zone at 1.3610 and started to consolidate for the past two weeks .
so with the geopolitical issue between Russian and Ukraine and pound being risk currency against USD a safe haven currency and taking in account the bearish structure in higher frame , there is a good chance of price dropping from the supply zone at 1.3611 toward 1.3515 as a primary target .
If you like this pair breakdown and find educational and interesting please do press the like button and comment bellow for it would help the channel .
if you are new in this channel make sure to follow me so you don't miss any future breakdowns .
that said I wish you a safe trading