Gbpusd_forecast
GBPUSD FORMING A BULL FLAG?With the recent corrections on this pair, we have this pair showing bullish continuation patterns.
First off a bullish pennant, now a bullish flag. With the bullish close on Friday, we could see some more upside on this pair.
Of course, we need price to break above its current level. to pick buys confidently.
We're watching long-term targets at 1.40000. Get those bull eyes with us.
GBPUSD Forecast1) Top-down analysis
Monthly - Previous monthly closure, closed with shooting star
Weekly - Closed with three pins or three wick which actually made a momentum
Daily - Made a higher high
4H - Break of correction and waiting for pullback to get liquidity
Still bullish bias but made a bearish momentum
2) Confluences for downside (If made a pullback)
a. FIB Golden zone
b. Lower timeframe structural level
c. Major psychological level (1.39000)
d. Break and retest (In liquidity)
e. Correction
Wednesday: GBPUSD - Week 32Hello Traders! Check Related Idea for market context!!
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
-----------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------
SMASH that follow button! 👍
💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you!
RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
Tuesday: GBPUSD - Week 32Hello Traders! Check Related Idea for market context!!
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
-----------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------
SMASH that follow button! 👍
💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you!
RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
GBPUSD Look for shortWhat I see on GBPUSD is really clear
As explained on the chart,
Seems price broke bellow but we need to wait for confirmation like price close on 4H, then a bit of pull back on bellow rectangle, easily you can have position 1:7 on this setup
we can bank 250 PIPs !!! Easy peasy !!!
As always any question comment me Bellow or DM @FxShzd
Happy Trading guys
Monday: GBPUSD - Week 32Hello Traders! Check Related Idea for market context!!
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
-----------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------
SMASH that follow button! 👍
💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you!
RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
GbpUsd under supportI monitor GbpUsd for a week now and expecting a break under support.
At this moment it looks like we have this break and the pair is ready to dive.
In my opinion rallies towards and slightly above 1.39 should be sold and 1.3750 support could be the target.
As I said, only GbpUsd above 1.4 would change my bearish opinion
GBPUSD-short#GBPUSD
In the 1D timeframe, GBPUSD has broken out of bullish and has completed retest so now the trend is bearish in long term.
While we are looking at the H1 timeframe market has fallen from strong support after that has formed an ascending correction. So it is confirmed market will go for sell up to the next support level.
Note: Analysis is just for educational purposes, not financial advice.
GBPUSD-short#GBPUSD
In a larger timeframe, GBPUSD has broken out of bullish and has completed retest so now the trend is bearish in long term.
While we are looking in H1 timeframe market has fallen from strong support after that has formed an ascending correction. So it is confirmed market will go for sell up to the next support level.
Note: Analysis is just for educational purposes, not financial advice.
Thursday: GBPUSD - Week 31Hello Traders! Check Related Idea for market context!!
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
-----------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------
SMASH that follow button! 👍
💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you!
RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
GbpUsd failed once moreAs I mentioned in my previous analysis, 1.4 should provide a strong ceiling for GbpUsd.
Yesterday we have a strong reversal from 1.3960 proving that rallies are sold and the pair is ready to fall.
At this point, GbpUsd is trading at support and the pair is waiting for a trigger.
A break here should accelerate losses and 1.3750 could be the target
Wednesday: GBPUSD - Week 31Hello Traders! Check Related Idea for market context!!
I will update my idea as the trade progresses if any changes occur and my analysis is wrong, or need to be adapted to the new development of price-action.
Thanks for the support!
-----------------------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------------------
SMASH that follow button! 👍
💡 Leave a comment and/or message me on how I can improve and provide better content, I'm open to suggestions to create a better experience for you!
RISK DISCLAIMER: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my videos as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this channel. This content is for educational purposes only and is not tax, legal, financial, or professional advice. Any action you take on the information in this video is strictly at your own risk. We, therefore, recommend that you contact a personal financial advisor before carrying out specific transactions and investments. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Inotfancy.com and all individuals affiliated with this channel assume no responsibility for your trading and investment results.
GbpUsd- 1.4 is VERY STRAONG ceilingGbpUsd failed again in its attempt to pass 1.4 zone.
Last week was closed with a nice bearish engulfing which can be a sign for a new leg down.
Rallies should be sold in my opinion and traders can target 1.37 zone support
A daily close above 1.4 would negate this scenario