As analysed earlier, Price have retreated to previous LH area and my swing trade buy entry target was met at 41pips. Expect price to hover around this zone a bit and afterwards commence bearish direction to set a new low around previous day's support area
Price created LL and LH as it broke previous low. Expect current pullback to hit previous area of LH to sweep liquidity before making new low. Target most recent low as marked by the arrow.
Price headed for LL and LH tested 62611 area and continued to form new lows. Right now price is heading back to 62611/62381 areas for liquidity to build momentum for a long drop down. Target 61904 as take profit
Two short trades 80pips plus a second one 30pips totalling110pips profit targets met
All conditions were met and trade triggered and target was met
It was an 81pips long trade I entered earlier and target was hit
GBPUSD have established LL and LH structure indicating trend reversal. Right now price pulled back to sweep liquidity. Expect price to start a new wave of lows. See chart for clarity on where price is heading to
As long long as 102,378 have not been broken, we are not yet in a further bullish trend, Price is still hovering. But a look at 4H chart reveals bearish opportunity to be exploited as choch is observed at 101,183, Price broke previous low. Slight pullback is ongoing to retest previous lh area around 101,599/101,955 zones. Wait out this retest and open sell order...
Price is currently making LLs and lhs, but we are on the overall a bullish market. So price to retest 05109 area for potential reversal. If 05109 fails to hold and create a comeback, Price will then go further down to 04809 and push up. It's going to be a bullish rest of the week with short term sells
Institutional hedge funds pushed price down to near area of support and my 45pips tp was met
Institutional hedge funds pushed price down to near area of support and my 45pips tp was met
My 69pips tp was met, i expect price to flush down to the previous demand zone
My sell order triggered and 60pips tp was met as price hit major resistance, pulling back
32pips tp was met. Price will likely bounce off 58146 retesting it and head to 59000
There's a fair chance price will flush down to 95,859 an area frequently tested as support and resistance, if we look at that area, it also was recently tested. My bias is that price will find a good support at 95,859 and start reversing for bullish direction. I would expect 200 EMA to touch support, retest and rest below price.
I hit my tp as price respected previous he zones and continued to make new highs
I see a possible price reversal from current area, it that happens,l price will head to 09858. If 09858 is broken, I'll change my bias for long because it's an area that have been tested multiple times. If it holds, then I'll continue shorting pair