Forex Weekly Outlook For 01/11/2021 - 05/11/2021Hello there.
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I did analysis for the most pairs that i trade usually.
Gu
GBPUSD BUYS INTO 1.37800Short term bullish move I'm taking advantage of before we dump into 1.3400 in the coming weeks. Lets play :)
GBPUSD is Bearish! Sell 🔻
Wow, so nice head and shoulders pattern formed on GU.
With its horizontal neckline breakout I expect a bearish move now.
Consider the retest of a broken yellow cluster as your entry for short trade.
Sell!
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GBP/USD Accurate Forex Analysis with Smart Money ConceptGBP/USD Accurate Forex Analysis with Smart Money Concept. Few days ago, it was given that GBP/USD is going for a retracement after it grabbed liquidity which made it a sell to buy setup, currently price have done the needful priced dived down and ran up massively to seek some higher liquidity. Though they were not taken out fully, before the fall but they took most sellers then at break even.
GBPUSDDear traders,
As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible
I said in the last weeks ...just like EURUSD , GU reached target 2 and made the 700 pips that I have been talking about in the last months and now it is time to do a new analysis ...
In the next period I think it will play more on economic factors taking into account the economic crisis in the UK but in the long run ... I think GU will start a new rise of 200-300 pips even if it can, it will test the 1.34500 area again
GU closed above the extremely strong 1.34500 area formed in the last 5 years and on the 1 month chart it rejected from the Fibonacci 0.5 area
but I repeat ... pay close attention to the economic news in the UK because the decline could be wider ... 200-250 pips and from there UP again to 1.37
THIS WEEK...GU reached and even exceeded 1.37 as I said now ... I see an extremely dangerous period!
Judging by the pattern of the letter M that he made in 2018 and because it closed under the green support in zone 1.37800 ... I will continue to bet on SELL until zone 1.34 and from there ... I will reanalyze!
however ... any closure even for a day over the green lines should give us the trend for the next period!
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*This information is not a Financial Advice.
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GU Cable Short trade ideasPrice is approaching a key level of this swing. We may get a push down if the dollar gains some strength. Two possible set ups
GBPUSD BUYERS PUSHINGPrice has found support the 1.3575 area. possible push to previous highs around 1.3660 .
GBP/USD Short Opportunity Hi Traders,
Please see my latest idea regarding GBP/USD.
We have a golden cross on daily MA as well as retest of support, now resistance.
This is a 1:6 risk to reward ratio but would require you to hold the position for sometime.
Despite holding this trade it could be big gains, stop loss can be set slightly lower increasing risk to reward and potential profits.
Please trade with caution.
Manage stop loss according according to take profits met.
TH from RT_Trading
GBPUSD Short1h
4h
Daily
Looking to take this short on OANDA:GBPUSD
Daily Has formed a Bearish W, simple lower highs and lower lows.
Has been rejecting the 78.6 for some time now.
4H: The 4h has reacted well from the higher timeframe zone, the first position is risk-free. Sniped :)
1H: Would love to take this 1h pattern, A head and shoulders, bearish w, and a head and shoulders within the 4th leg of the BW.
WIll monitor GU closely and update this analysis as time goes on.
GBPUSD ShortGBPUSD has a hurdle right at 1.364.
We are expecting price to retrace to 1.355 before going for the 1.364 level. If price retests this level and it doesn't push through, then we can see price falling to 1.343 for a bit of support before reattempting to break 1.364 level.
Price could also fall to 1.343 without attempting to break 1.364 level.
If price pushes through 1.364, next area of structure is 1.371.
GBPUSD Trading Plan - 06/Oct/2021Hello Traders,
Hope you all are doing good!!
I expect GU to go Down.
Look for your SELL setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea
Trend and structure change bearishWe see price initially failing to break above the previous highs of structure in a trending market. The sentiment is still bullish in this case, however, when price breaks the trend line, then breaks the previous structures (previous HL), the market sentiment changes bearish. The retest and rejection of the level are nice confluence for high probability setup.
Second trend confirmation on GUSame markup and analysis as yesterdays GU. trend line test and taken as rejection, zone taken as rejection, on key fib level and finally heavy bottom candles indicating a bearing market.
GBP USD SHORT!!!GBPUSD is looking good for a short, continuous down trend on higher time frames, with price reacting to the downtrend outlined in chart mark up. Additionally price is at a level of resistance, where it is acting positively. Fib shows us that price is additionally reacting to a key level,, again giving us an indication of the market staying bearish . recent wicks left on multiple time frame show heavy bottom candles, supporting the decision to short. Finally, the 200 EMA is at price. TP is set to a previous high where market has reacted, and SL the same.
Divergence on GBPUSDGU has been in a downtrend for almost a month now. I see it going back to the 1.34 (major psychological level) zone. The hourly timeframe shows an RSI Diverge that can be used as an entry point.
Hope you can catch some good pips in this operation
Time for a bullish momentum on GUHello traders, i am back this week with a new perspective and a new vision over GBP/USD this time.
I`ve placed multiple buy limits positions around 1.36 zone because i think we will reach again our demand zone and that strong psyhological level which is a Daily support and we have big chance to hold again.
And i am expecting at least some confirmation before our bullish momentum to began, most probably will have a candle confirmation.
GBPUSD LONG TO 1.38000 The trade was provided in consideration of various factors one of them being Gu changed the trend , Gu broke the trendline and it has retested Fib zone of 61.8. Now lets see it fly to 1.38000 hopefully
GU 💰🤷🏾♂️ Market Correction?The strong surge of the dollar last night has to correct.
The target here is the Resistance that's at 1.3689
#LETSGO! Secure the bag!!! 💰💰💸😜🔥💲
GU shortGU appears to have completed a distribution on the 4HR leaving an unmitigated last point of supply. look for LTF accumulation and buy into sell at LPSY
GBPUSD Trading Plan - 16/Sep/2021Hello Traders,
Hope you all are doing good!!
I expect GBPUSD to go UP
Look for your BUY setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
