Expect a further drop on gbpusd after the pullback to the 78.6 fib which might also tap the 1hr 200ema . This might be the level 1 consolidation of market makers cycle too.
Potential buy swing as we expect a new market cycle to start after level 3 completion . Price has tested the 78.6% fib and we expect a bounce off that zone to push higher.
50/50 bounce.Price bounces off the 50ema and 50% fib to continue selling off
Gbpusd now is setting up to start selling off after consolidating at level 2 of the market cycle. This can be the last push to the downside before we start rallying to the upside.
GU is aabout to break out of its level 1 consolidation and continue pushing to the upside. 1;6RR trade will be the target.
Level 1 forming off the peak low formation ,expect safety trade enter in for long-term buys. May the pips be with everyone.
GBPUSD safety trade off level 1 of the sell cycle . and 78% fib retracement level. Expecting a sell off to around 1.33600 level. Risk reward is 1:8
#GBPUSD 1hr possible sell outlook . 1:5RR. Expect more drop on the pound.
EURNZD is at a very good place to enter short, after a strong move to the downside we expected a correction before we see the continuation to the downside. Price has tested the 50% fib and 200ema on the 1H and that brings major confluence to anticipate for sell and continuation of the downtrend.
After a strong push to the downside we now start anticipating for EURUSD to start it's rally to the upside . Here is an ICT pattern to confirm the buy bias. You're welcome to share your feedback in the comments .
Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
Here I am showing a conservative approach, as I am waiting for the triangle to complete, and for price to reach the upper boundary. We act only on the fact. ⠀ 🛡 The protective stop with this entry technique would be the end of wave E, because with the right analysis the market won't fall below this level, and in case of failure our risk will be limited.
EURNZD after a strong rally to the upside we should expect a correction atleast to the 38% {1.6963 level} of the impulse before it continues the movement to the upside or continue collapsing the 61.8 fib level. Proper risk management is key always.
After a strong rally to the upside we should expect a correction atleast to the 38% {1.6963 level} of the impulse before it continues to the movement to the upside. Proper risk management is key always.
EURNZD is at a critical resistance level and almost at the 50% fib level we expect to see a continuation of the downward trend after the pullback is completed