What is next? That was the last question i asked, now we sort of have an idea. it has now broken the yellow line. i am now expecting this to go lower to the next yellow line once this hits, i am expecting a rapid reversal for the bulls I APPRECIATE ALL LIKES, COMMENTS AND FOLLOW FOR MORE
GBPUSD AT THE SUPPORT GBPUSD completed Bullish Gartley Pattern in a strong support zone.
Butterfly formation can be real. All destinations are specified on the chart. Do not neglect to do risk analysis.Feel free to comment and comment on your questions. Good luck to all of us.
currently pulling back. lets anticipate a further downward continuation
GBPUSD Timeframe: 1D Direction: Long Confluences for Trade: - Gartley Pattern Formation almost completed - Stochastic Oversold momentum in both (H4 and 1D) - Gap between 8EMA and 50EMA is quite wide, should narrow back - Fundamentally, despite Brexit uncertainty, there was a glimpse of positivity that the Tories want to stand behind Theresa May and get...
Pattern: Bullish divergence on 2h.
There is a possibility for one more bullish wave before we see a big drop on this pair if so then watch lower time frame for a short-term buy. Don't forget to use %2 Risk Management DISCLAIMER: Please note I am only providing my own trading information for your benefit and insight into my trading techniques, you should do your own due diligence and not take...
we've been following GBPUSD for a while now and have made some profit but the questions remains... what is next? 1. am expecting to test the previous low and then to reverse up maybe creating a sort of flat 2. breaking the previous low to around 1.28081. 3. we could even see it test the bottom at 1.26672 4. Stoch RSI is also now in the oversold territory...
4H Pivot S1 Rejection. 15min Pivot S2 Rejection. Price near previous low (Buyers area).
see on screen details i am quite expectant on this one
2018-10-18 GBPUSD H4 BUY 1.3010 AND 1.2940 STOP LOSS 1.2880 TP 1.3060 TP 1.3120 TP 1.3160
simple set up here... nothing fance. looking for price to push higher towards 1.33000
GBPUSD / Formed a new BAT pattern
Trying my hands in long term trading now. I see a potential drop on this pair. With a RR of more than 2, this seems like a great setup. GBPUSD Sell. Cheers :)
hi again, for thou who have been following me on this you would notice weve made some nice analysis and bang on predictions. please see updated analysis for this week see previous charts below also, like, follow and comment :)
SHORT NOW FOR BEARISH BAT PATTERN GBPUSD SHORT NOW Bearish Bat Pattern Complete SL 1.3320 TP1: 1.31330 TP2: 1.30520 TP3: 1.28320