As you can see the price in the weekly timeframe the price its trying to reject the resistence zone as the previous 3 times in the past making the sellers so strong for the bearish movements, especially for the day traders that are looking for good take profits in this currency that its moving so good to the downside, also iam based on the technical ratings...
Looking for sellers looking of to the price action and how the GBP/USD has been moving to the down side looking for more sells after the price its consolidatig right now and then the bearish strong moves will start now in NEW YORk Sesion
As you can see on the weekly time frame we have 3 previous reactions to this resistence zone that has been so respected since october 2023 form las year and the price its going to reject that zone and a lot of sellers entering the market. PLEASE SUPPORT MY IDEAS IF YOU LIKE THEM:))
The price have created a bearish flag pattern that its going all the way to the downside when the price exits the bearish flag with a very good stoploss and a very good take profit.
Here its a very clear example of a H2 Order Block so strong for the sellers, also confirmed by the divergence in the MACD in H2 looking for short positions.
As you can see the RSI has created a double top in a resistence zone that was rejected previously in the past candles and in the candles the price have created the double top twoo and its so potential when it brakes the structure of the double top creating a very strong sell for the day trader sellers.
The price its going in a kind of range and for us the day traders its a good oportunity for a sell to a considerable point with a very good stoploss and taking many good profits.
As you can see a clearly bearish flag has have been formed in the chart and has so many potential to the donwside of the market.
As you can see the price its consolidating for a little bit, and if the price exits in the bearish flag its a very secure sell entry for all the day trading sellers in the market
As you can see the price have been respecting the Elliot Waves in a perfect way and now its time for the price to start correcting for a little bit and now its time for the sellers to enter the market for so many good profits, if you like my ideas please support me following me. :)
As you can see the price allready is on the same dynamic support again and the price have reacted to that more than 5 times for a long time, looking for buys for the day traders like me looking for a 1:2 RR and so secure of this position begining of how the market looks in the way the past reactions ocurred in th kind of same way.
As you can see the price have been alreDY OVERBUYED BY THE rsi indicator and now its time for the price to go a little bit to the downside confirming with the 2 hour macd and the 15 minutes macd making an day trade type entry.
As you can watch in my idea in daily timeframe you can see a doji candlestick yesterday, and talking of the Elliot waves you can see the price allready gets to the 5th wave and now its time for the correction wave to form that its going to have so many strong sells for the day traders in the market.
As you can see the price allready have reached a dynamic resistence zone and the price in daily timeframe its overbuy so now the price will start to fall for a little bit confirming this we can see in the 2 hour timeframe a double top formtion waiting to confirm and put a sellstop on the 1.29610 level and putting the stoploss on a fibonacci retracment too.
As you can see the price have been moving in. many different ways and right now in H1 its making a cross in the 50EMA and the 200 SMA in this way the price its going to move to the upside in a strong way for at least 25 pips talking in day trading.
As you can see the price have created a strong head and shoulders pattern and the macd level in one hour has created a change of trend that the price its going to turn completely agai to the downside to the support level on the lower low that is marked
As you can see the price have been moving to the downside so strong receiving news form the USA and the dollar it’s going to be so strong in so many ways activating the order lock in 15 minutes and the cross between ema and asma it’s so strong including the macd.
We can see how the price have been moving to the downside confirming the entries with the orderblocks in many timeframes and using other indicators like the macd, the rsi the volume, the emas and the smas.