GOLD top-down analysis, UPDATED!!Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Gbpusdsell
GBPUSD RETAIL HERD LONG 📉📉📉📉 In this example i provided you with a photo to understand how the retail herd on the most popular retail cfd's brokers are positionated. As we can see on the photo around 68% of the retail herd are long on this pair meaning we have to look only for shorts alligned with the contrarian trading approach to the markets.
Price taked out buy side liquidity and quickly reversed to the downside as you can see on the chart plotted with liquidity.
Remember, you will always have the herd results if you are doing what the herd is doing. Be contrarian that's and edge in the markets.
What do you think ? Comment below..
GBPUSD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPUSD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBP/USD Short TradeHey Guys!
The current GBP/USD Daily Bias is short. Or in other words, price is likely to reach 1.3049 before reaching 1.3298.
So I'm currently waiting for a pullback so I can take a short entry.
In this video I explain the reasoning behind this setup as well as the stop loss and target levels I will be using. Moreover, what I will be looking for in terms of confirmation of the legitimacy of this short setup.
That's it! I'll keep you guys updated!
Have a great day!
Ken
Disclaimer: This is not Personal Financial Advice.
AFTER CORRECTION GBP/USD SELL NOW
Hello Traders, here is the full analysis for this pair,
let me know in the comment section below if you have any questions,
the entry will be taken only if all rules of the strategies will be
satisfied. I suggest you keep this pair on your watch list and see if
the rules of your strategy are satisfied.
Dear Traders,
If you like this idea, do not forget to support with a like and follow.
PLZ! LIKE COMMAND AND SUBSCRIBE
GBP/USDThe British pound shot higher last week, but as you can see, has also given back quite a bit of the gain. This is not a good look, and it does suggest that we are probably going to drop towards the 1.30 level underneath. That is a large, round, psychologically significant figure, and if we break down below there it is likely that we could go towards the 1.28 handle. If we were to break above the top of the weekly candlestick, we could go looking towards the 1.34 handle.
GBPUSD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBPUSD SHORTS 📉📉📉📉 Expecting bearish price action on GU as we are in a bearish market structure on a HTF and lower timeframe, price retraced back into 1.32000 . We have a lot of bullish imbalances should be filled
The retail heard is LONG on this pair, meaning we should go for SHORT entry.
What do you think ? Comment below..
GBPUSD top-down analysis, UPDATED!!Hello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
GBP/USD lilely to fall!Hey tradomaniacs,
GBP/USD looks like it wants to fall after the previous fakemove above the key-resistance-zone in roder to grab liquidity.
The fakeout is so far confirmed as the ex-resistance did not turn into a support-zone showing that retailers are probably getting fooled by sellers (those who buy the retracement of the breakout).
The break below the trendline is also an indication for a fall, even tho we have to be carefully due to the recent fakes below it.
Lets see what happens =)
GBP/USD Weekly Short Strength ConfirmedHey Guys!
The Gbpusd Weekly chart formed a Fake Double Top last year which reached its target height level last week. Indicating strong weekly short strength at least to a monthly upward trendline at 1.2247.
Considering this is on the weekly chart, a set up like this is quite rare. So although I will be trading through biases long or short like usual, I much rather
have short biases form so I can trade along with this weekly short momentum.
Just a heads up guys!
Have a great day!
Ken
Disclaimer: This is not Personal Financial Advice.
GBP/USD likely to move down!Hey tradomaniacs,
looks like GBP/USD is about to move down right at the current trendline and resistance-zone.
Current USD-Strenght can`t really boost pound against USD and price seems to form a rejection / resistance.
In this case we can sell pound with a nice risk-reward in order to follow the current trend.
Entry #2 would be an alternative entry in case of a fakeout or extended correction.
What do you think?