I'm eyeing a long opportunity for GU at the 5-hour demand zone around 1.2700. The price has changed character to the upside, leaving a clean, unmitigated demand zone with a small imbalance above. While price might dip into a supply zone or move up to mitigate the 22-hour supply zone for a potential sell-off, I’m more inclined to see it return to the demand level...
Confluences: 1 HR cross above 10 EMA 15 MIN 10 EMA crossed 50 EMA to upside Bullish reaction @1.2450 support level Happy Trading 😁📈
Looking to BUY GU in BUY AREA and to close in TP AREAs. (TP 1 +40 PIPS) , (TP 2 +90 PIPS) - STRICTLY looking to enter on signs of reversal, price action - Entry not valid on strong Bearish breakthrough of BUY AREA! Trade Safe with Risk Management
Confluences - Price closed bullish for the last day candle, following FOMC - Large inverted hammer on the 4HR chart, also printed on the 10 EMA - Uptrend continuation, HL on 2HR chart
GU has broken and has been breaking previous market structures, only to keep going higher. GU should keep buying the whole week returning to previous supply / highs. This is just an idea
Confluences: Price near daily support Previous weekly candle closed bullish 5 min bullish push above 10EMA
GU has been trending up on the 4 hr and price has reached the trendline and had a reaction.. anticipating new highs
I can see GBP is still strong since US is still showing weaken on DXY, I assume price will bounce back up from support area if the RSI is showing oversold level then wait for a clear price action reversal, Do not entry if the support area is breakout. Opportunity to grab 60-70 pips
BUYING GBPUSD in BUY AREA and looking to close position in TARGET AREAS (+40 PIPS) - TARGET AREA 1 - 40 PIPS - TARGET AREA 2 - 90 PIPS Trade at your own risk!!!
GU is bullish on monthly and quarterly. Cable to tap into reversal region and close around 61.8% fib and reverse into -27.00%.
Looking to BUY GBPUSD in BUY AREA, targeting TP AREAS. (30+ PIPS) ENTRY CRITERIA: 1. Enter on signs of reversal, price action 2. Do not enter if price breaks through buy area with strong bearish momentum Looking to target price area 1.282 (110 PIPS) if bullish momentum strong Trade Safe
Looking to BUY GBPUSD in BUY AREA and close position in TP AREAS. (30+PIPS) TRADE SAFE.
Looking to BUY GBPUSD in Buy Areas and to close positions in TP Areas. (30+ PIPS) Looking to target price area 1.22194. Enter on reversal candle.
as we can see at October 18 this pair break up channel down pattern, and create a new pattern. With smaller timeline, we can see a new channel down almost end. If this small channel break, bullish setup at : opening : 1.2232 Stop loss : 1.2168 (64 pips) Take profit at : 1.2378 (146 pips) R/r ratio : 2.33
Small retracement and wait for better sell position at 1.272 fibonacci