itshamzajaved

itshamzajaved

FX:GBPUSD is currently at its 0.78 Fib level on a daily timeframe and forming a bearish divergence at the 1-hour mark. After observing a Break of Structure (BOS), we will enter a short position at the 0.5 fib retracement with a stop loss at a recent high, targeting a 1:2 risk-reward ratio.

itshamzajaved

It is crucial to note that FX:EURGBP is currently at a robust support level and forming a bullish divergence on the 4-hour time frame. A pullback is expected from this point, as liquidity has recently surged from the lows. Therefore, it is advisable to enter a long trade with a stop loss at the recent low and take profit at the recent high, targeting a 1:2...

itshamzajaved

After making a clear divergence on 4H it is retracing we can expect it to retrace 0.5 Fib level where we also have a good support level. We can look for long setups from there with confirmation on smaller timeframes.

itshamzajaved

As we can observe clear bullish div on GU so we can take a long position from here with SL below the previous low and target will be recent highs.

itshamzajaved

Based on my analysis, I believe it's time to initiate a short call for the GBP/USD currency pair. The 1-hour time frame indicates a divergence that can be taken advantage of. This is a great opportunity to make a profit.

itshamzajaved

As we can see there is a clear bearish divergence and current price action is respecting it. We are expecting it to tap the most recent fvg which is at o.71 at fib levels so we will open a long position with a stop loss and recent low and will target the recent high as our take profit.

itshamzajaved

Opening a long trade for EURCHF after observing a bullish divergence on 4H and 1H.

itshamzajaved

Based on the 4-hour chart, the current trend appears to be bullish, with higher lows (HL) and higher highs (HH) forming. However, a bearish divergence has recently formed, and now a new higher low (HL) is forming, we plan to open a long position during the retracement to 0.75 and aim to reach the most recent swing high.

itshamzajaved

There is a bullish divergence on the shorter timeframe so we can see a short pullback to the upward side so we will be placing a long order from here.

itshamzajaved

As we can observe bearish divergence formed that is a sign of reversal so we will be opening a short trade from here.

itshamzajaved

There is a bearish divergence on 1H this is a sign of a potential reversal so we will short from here with our SL at a recent high and will target 2R.

itshamzajaved

It appears that there is a bearish divergence present. This suggests that we can enter a short position, with a stop loss above the high, and aim for the recent low.

itshamzajaved

Recently, the price was unable to surpass the recent high and instead formed a bearish divergence, retracing downwards in line with the Dow Theory. As a result, we plan to look for a short trade once the price reaches our desired range and aim to target the recent low while keeping our stop loss at the recent high.

itshamzajaved

Based on the current trend analysis, we have identified a bearish divergence which suggests a potential reversal of the current upward trend. Therefore, we will initiate a short trade and aim to reach the current FVG, which was created by the recent news candle.

itshamzajaved

There is a bearish divergence shorter timeframe so looking for a short pull back with SL at the recent high.

itshamzajaved

This is a long setup where the price has broken previous structures and moved upwards before retracing back to our premium pricing zones. We plan to enter the trade from the 0.75 Fib level and aim to reach the recent highs. Our stop-loss will be below the recent low.

itshamzajaved

We are looking for a long trade because there is a bullish divergence observed on shorter timeframes which is a sign of trend reversal.

itshamzajaved Updated 

The current trend on the shorter timeframe is downward, but we have noticed a bullish divergence on the RSI, which could be a possible sign of a reversal. Therefore, we expect a pullback from here and have decided to open a long position. Our stop-loss will be at the recent low, and our take-profit will be at the recent high.