GBPUSD at 4h time frame we have FVG area i think it will rise to FVG area and after FVG taken price instantly will drop to 1.25800-1.25200
The price action has recently tapped into the liquidity resting below the previous swing low, coupled with a break of structure on the 1-hour chart, signaling the beginning of a bullish trend. My strategy now involves waiting for an OTE (Optimal Trade Entry) retracement, coinciding with +OB on the 30-minute chart at the same level, aligning with our bullish bias.
Hey Traders, in today's trading session we are monitoring GBPAUD for a buying opportunity around 1.92600 zone, GBPAUD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 1.92600 support and resistance area. Trade safe, Joe.
Hey Traders, Check this analysis out on GBPUSD. The pair had been ranging for quite some time before it broke below the support, followed by an actual smooth pullback. Provided that the price remains below the support, I will look for a nice short trade. Keep a close tab on this one.
Have a look at that bearish imbalance that was formed on GBPNZD on a daily time frame on Friday. With one single bearish candle, the price violated a neckline of a descending triangle formation and a key horizontal support. The market is retesting the broken structures at the moment. I believe that a fall will initiate soon. Next support - 2.0372 ...
The presence of equal highs, combined with liquidity resting in the market, presents an attractive selling opportunity, especially if the price successfully mitigates the OB at the peak. Moreover, the recent break of structure further confirms our bearish bias, indicating a potential downward trajectory for the asset.
Hello traders, I want share with you my opinion about British pound. Looking at the chart, we can see how the price recently started to decline in a downward channel, where it soon fell to the support line and at once bounced up to the resistance line of the channel. Then GBP turned around and declined to the 0.8570 resistance level, which coincided with the...
A long term GBPUSD analyses im bearish on the green area
Hello fellow traders , my regular and new friends! Welcome and thanks for dropping by my post. Eurchf,especially is at a key level on D1 to watch for turn, likewise for GbpChf.Just keep it in your watchlist first! Do check out my stream video for the week to have more explanation in place. Do Like and Boost if you have learnt something and enjoyed the content,...
Hey Traders, in the coming week we are monitoring EURGBP for a selling opportunity around 0.85320 zone, EURGBP was trading in an uptrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area at 0.85320 support and resistance area. Trade safe, Joe.
FX:EURGBP Hello friends, I have identified the formation target, entry zone, and stop level on the chart. Like and comment if you find value in our analysis. Feel free to post your ideas and questions at the comments section. Good luck
So we finally getting the push back into previous value. Being that it is friday I'm not looking for any entries. just watching for reaction for the potential move next week.
FX:GBPJPY I have determined the harmonic pattern target on the chart; I wish you success. Like and comment if you find value in our analysis. Feel free to post your ideas and questions at the comments section. Good luck
This is a entry that I have been waiting for. I'm sure price will struggle to go into the zone until News that it set in the morning. Looking for price to break the weekly high, creating a high for the week and giving a sell entry. Nothing but short scalps for London. The ultimate sell will come for NY looks like.
The GBP/JPY pair on the M30 timeframe displays a bullish signal through a recent upward breakout from a symmetrical triangle pattern, suggesting a potential buying opportunity. Key Points: Triangle Breakout: The price has been consolidating within a triangle formation characterized by converging support and resistance lines. This often indicates indecision...
The GBP/CAD pair on the M30 timeframe presents a potential buying opportunity due to a recent upward breakout from a bullish channel pattern. This pattern suggests ongoing buying pressure and a higher likelihood of further advances in the coming minutes or hours. Key Points: Bullish Channel: The price has been trading within an upward-sloping channel defined by...
In the daily time, we see an increase in the price sharpy, which has reached a strong resistance zone. As a result, in this area we expect a return or at least correction to the specified range.
#GBPUSD Good morning, as mentioned yesterday, the context has shifted to long. Compression has formed both above and below. I'm ready to consider long positions upon the removal of the fractal minimum of Asia. Otherwise, I'll miss any potential position openings.