#GBPUSD has formed a Deep Crab harmonic pattern in the 4-hour time frame with a good positive regular divergence at the bottom, probability of an increase is high on the condition of breakout the pivot point standard line and the mentioned dynamic trigger. The rate can In an upward rally could complete a shark harmonic pattern in order to answer to the Deep Crab!
This bearish market structure has nearly come to an end. The price has completed double correction pattern with ABC zigzag and ABC flat with an ending diagonal at the end. It shows somehow that it will consolidate. To form the bullish structure, the price has to penetrate the upper resistance zone and after the confirmation, we can see the probability of having an...
Buy opportunity is envisaged when price trade around 1.22170. I anticipate more bullish price action to be developed away from That some
One of my favorite entry models buy and sell side liquidity works 95% of the time work with stacking up confluences in order to build a valid area of rejection.
Currently entered buy at 1.24710. Targeting imbalance at 1.25959. There was several equal lows that liquidity swept out before buying. The 1hr and 15min shows break of structure to the upside.
GBPUSD is presently observered to be range bound on 1H timeframe. However, a slight bullish divergence has been noticed on RSI indicating a likely upward breakout. Betting on the bullish reversal, an entry has been planned on breakout of R2 whereas SL has been placed below S1. TP has been suitably placed on 1:1 RRR.
Hello traders! ‼️ This is my perspective on GBPUSD. Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I expect bearish price action from here as price filled the imbalance and mitigated bearish order block. Fundamental analysis: This week on Wednesday will be released monthly GDP on GBP, as...
Price is at support level + bullish butterfly pattern + bullish nen star+ strong RSI divergence ; I am expecting the price to rise to 1.27 PS never risk more than 2% of your capital per trade
its seem multiple rejection on this trend. for H1 trend is already break by body candle if the body h4 break its good for long
Dear Traders: We'll be keeping an eye on the GBPUSD pair at the 1.2450 level for any potential positive momentum.First TP in zone 1.2500, second TP in zone 1.2650. Apply sound risk management and keep in mind that entrance requires confirmation.
It's been a while What's good traders, am back with yet another great trade insight but not just that also some trading lessons. Hopefully they are of value to you guys and to those who are currently following, stay tuned. Now I am still to have a trade after the last 1 that was taken a few weeks back. The sell setup I see could end up triggering my sell limit...
FX:GBPUSD has been on a downtrend since Q2 dropping from the 1.3 level all the way to 1.24 level, however it has not been able to break this level several times now there is major bullish pressure due to the strong rejection of the 1.243 level. We are now in between a range of key levels waiting for the levels to be tested and whichever one holds is the direction...
Hello traders ,what do you think about GBPUSD? This pair has been placed under the resistance zone. On the other hand, British economic data appeared weak. It is expected to fall to at least the specified level with an upward correction and reaching the specified resistance zone If this post was useful to you, do not forget to like and comment.❤️
My analysis of the gold buy trade I took after US CPI news. Using a false break to the downside as a trigger, I am looking to ride up to the H1 resistance area
GBPUSD Analysis 13/09/2023 The entry, exit and stop loss points are on the chart, please make sure of them and do not risk, this is our analysis and ideas. Please observe the capital carefully and do not risk more than 1% of your capital Good luck to everyone
GBPUSD 1H it's only my view. IOF is Bearish, but expecting bullish scenario in 1h time fame. 1h previous two lows been raided Let's see how it rolls
Symphonic Pattern : Probable pattern with strong and repeatable probability in the markets. This type of pattern is obtained based on mathematical and statistical calculations on past pivots and waves.