I'm still bullish going into next week on GU. looking for new highs to be made before I feel it can change to bearish. Making my Notes and sitting on hands for now.
✅GBP_CHF is going up now And the pair is forming a Bearish wedge pattern so After the retest of the Horizontal resistance above At 1.0845 I will be expecting A bearish breakout and a Local move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅
Hello traders! ‼️ This is my perspective on GBPCHF. Technical analysis: Here we are in a bearish market structure from 4H. timeframe perspective, so I am looking for short. I wait price to go a little bit higher to fill the imbalance, then to reject from bearish order block. Like, comment and subscribe to be in touch with my content!
Greetings Traders, In today's trading session, our attention is turned towards EURGBP, where we are actively monitoring a potential selling opportunity around the 0.86500 zone. Currently entrenched in a downtrend, EURGBP is navigating a correction phase that brings it closer to the significant 0.86500 support and resistance area. As EURGBP adheres to its...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. 📉 GBPAUD has been overall bearish trading below the red trendline, and it is currently retesting it. Moreover, the zone 1.9 is a robust resistance. 🏹 So the highlighted red circle is a strong area to look for sell setups as it is the intersection of the resistance zone...
Hello there, I hope you're having a great start to the new year. I wish you all the best in your trading ventures and a happy new year with your loved ones. I'm a fan of the Elliott wave principle, which I find interesting and useful for market analysis. I've developed my analytical approach by combining this principle with my personal experience and considering...
The GBPNZD pair has had a strong decline since our last sell call (November 24, see chart below) breaking even below the 1D MA200 (orange trend-line): The price is currently rising after making a Lower Low but not at the bottom of the (blue) Channel Down. For that reason we consider the emergence of a Diverging Channel Down that can break above both the 1D...
Here is our detailed technical review for GBPCHF. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 1.074. The above observations make me that the market will inevitably achieve 1.088 level. P.S The term oversold refers to a condition where an asset...
Continuing to monitor price action on GU. Still Bullish but since it is now the end of the week I'm Not to confident it will want to make new highs. We cant predict the price...just move with it!
GBP/USD at Crossroads: Navigating Dollar Strength and Technical Signals Under the weight of a resurgent US Dollar (USD), GBP/USD faced downward pressure, descending to its lowest level since mid-December around 1.2610 on Tuesday. While a recovery towards 1.2650 unfolded early Wednesday, the technical landscape hints at the persistence of a bearish bias. ...
Hi guys, this is my overview for EURGBP, feel free to check it and write your feedback in comments👊 Recently price entered to falt, where it tried to rise to top part, but failed and declined to resistance area. Then, British Pound bounced from this area, rose to top part of flat, and then made downward impulse to $0.8570 support level. Thereby price exited...
Hey Traders, Check this analysis out on GBPJPY. I have couple of plans on Gold and i am looking forward to BUT on a short term. then look forward to more SELL trade plan since the pair is sill below the weekly Key Zone. I will take an alternative entry if that play out also, Keep a close tab on this. #gbpjpy #GJ
Hey Traders, Check this analysis out on GBPUSD. I have couple of plans on POUND and i am looking forward to sell trade plan since the pair has successfully break below the previous support structure. I will take an alternative entry if that play out also, Keep a close tab on this. #gbpusd #pound
GBP/USD - The British pound weakened significantly against the greenback, dropping to 1.2625 from its previous level of 1.2735. Immediate support is anticipated at 1.2600 for the pound, followed by 1.2570 and 1.2540. Immediate resistance sits at 1.2660 (overnight high), 1.2700, and 1.2740. Expect increased volatility in Sterling within the range of 1.2600-1.2700....
Price has held in the zone it was in and is now showing bullish price action. I'm still bullish looking for a high to be taken before I flip to bearish. We cant predict the market...only move with it. So we will continue to monitor for scalp opportunities.
We were triggered and stopped out. Which is good news because we know exactly what it means for out support, that it is still valid. We should then be looking for buy entries, either from retests or reverse candlesticks.
GBPCHF has formed an expanding channel, indicating a potential reversal in the prevailing bearish trend. A Change of Character (ChoCh) is evident with the recent impulse movement. As we patiently await the price to break out from the established trend and close above the identified key level, under optimal conditions, we may anticipate a reversal in price...
Buy stop GBPCHF Entry point :- 1.07892 Stop lose :- 1.06893 Target 1 :- 1.0889 Target 2 :- 1.0989 Target 3 :- 1.1089