I have a bearish bias on GBPUSD. I still think we have some unresolved liquidity points that need to be met before we can go break that daily double bottom. I think we will reach for 1.37750. As usual I have a stop loss of 10 pips. If you want you can put a 20 pip stop if your own analysis agrees with mine. Take profit is below those Daily double bottoms. Enjoy
I have two possible scenarios playing out for this pair. We had a beautiful breakout play this week. Price created a wedge and we are now very clearly above that. The first scenario is when market opens on Sunday we see price continue trading higher. If we get that I don't see a pullback happening until 1.28500. If we pull back then I'm looking to enter a long...
10 pip risk on two trades. Optional for you to open stop loss to 20 pips just use proper risk management. This is not a signal but it is a trade that I will be taking myself. 2 price targets I have set for myself. Initial target is first green line (72 pips from entry). 2nd target is a bit larger @ 270 pips away. 1:7 RR for first trade and 1:27 RR for second...
GBPUSD is looking to fill imbalance on H4 timeframe. red line is where the imbalance should be filled. small stop and a good Risk to Reward ratio. This trade should be easy money as long as you use proper risk management.
Sell price and then take profit price are listed. Stop loss is shown. Risk is 20 pips and first take profit is 50 pips
Daily highs and lows, arrows are showing areas that price moved quickly away from.
Bitcoin is setting up to make a nice move. It is sitting at a key level of resistance. By the end of the day we should have a good idea of where price is going. Enjoy the markup, as a question, leave a comment.
Just a preview of the analysis walkthroughs that I do how to set up your lines what to look for and how to be most efficient with what you are doing on the charts. If anybody has any questions message me. I'm also getting into teaching so hit me up about that as well.
For this pair it has been consolidating on the larger time frames for a few months. As you look on the daily and 4 hour charts you can find entries . Market is moving towards resistance level on all time frames between weekly, daily, and 4 hour time frames. Possible opportunity for buy for some quick profit but ultimately this setup is for selling opportunities....
This is my markup for how I expect to execute trades on gold vs. usd. Even though I would not take any trades as of yet im looking for the market to continue giving me confirmations for the long(buy) positons. Leave any questions about mark ups or ask for further explanations.