Next Leg Up for GUGU has been forming a nice corrective pattern after the last impulse.
I Now expect the next impulse up to take us to at least 1.4350.
I will follow up as we go higher!
Gu
GBPUSD - Sell (Short) DevelopedGBPUSD has created a wonderful sell opportunity after rallying to multi-year highs.
A cross pair analyses of GBP shows that GBP is now showing bearish signs across many other currencies and is highly likely to reverse to the downside for a retrace.
Main target is the strong 1.40 level which happens to align with the 4 hour 200 EMA (Exponential Moving Average).
GBPUSD - 1.45?Simple idea, high's broken, and long to key level.
Not looking for sells yet as MS still bullish. Sells valid below 1.41500
GBPUSD buyAs we can see the 4h chart, we have an uptrend. the price just made its 3rd touch in the trendline and rejected the fib and the 4h level. the price is very bullish and its likely to go up
GBPUSDAs I said in the last weeks ... GU retested the 1. 40 area from where I will continue to search for SELL for 500 pips to close W.
however ... a close even for a day over 1.41 will make me think of BUY up to the 1.43500 area to restore the 2018 pattern from where ... it will go down again!
THIS WEEK...As with EJ, GU consisted of the same patern W and 1 week chart and 1 month chart what makes me prepare for Sell 700-1000 Pips as I say for a few weeks!
If we look into the left on the one-month chart you will see that even if he closed below level 1.42, Gu has climbed up to Zone 1,43700 before he descends 2300 pips!
This week I will look for Sell but a possible closure even on 1 day above Level 1.42 will make it Daubuy 150-200 pips and from there Sell minimum 700 pips!
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Our analyzes have an accuracy of over 92% in the last 5 months
We also recommend avoiding short-term trades during this period because news can appear at any time that can destabilize the market.
*This information is not a Financial Advice.
OVERNIGHT GU SHORT SWINGLooks like we have several bearish hours as GU comes to rebound off trend line. Brilliant risk to reward ratio here. Tight SL will only be triggered in the case of potential double bottom. Otherwise looks good until next support.
GBPUSD SHORTIf price breaks and closes below support level. Next we can expect price to continue down to Basline support level of higher timeframe H & S structure.
GPBUSD IDEAthe price close under the resistance (1.4002) and the bearish ABCD pattern that is formed under that same resistance makes me think that the price will be dragged down to 1.3929/1.3870 levels and maybe more .
the bullish scenario is hardly to happen if price breaks above the resistance with a clear green candle and showing bullish strength , in that case the price should pump all the way up to 1.4175 and maybe more .
this analysis is for educational purpose and to help you with your own homework about this chart and not a financial advise ,please stick to your own trading plan and your money management.
GBPUSDTHIS WEEK ... GU retested the 1.40 area from where I will continue to search for SELL for 500 pips to close W.
however ... a close even for a day over 1.41 will make me think of BUY up to the 1.43500 area to restore the 20188 pattern from where ... it will go down again!
NOTE: Please, give a LIKE if you find this idea useful!
GREAT ATTENTION:
Our analyzes have an accuracy of over 92% in the last 5 months
We also recommend avoiding short-term trades during this period because news can appear at any time that can destabilize the market.
*This information is not a Financial Advice.
WHAT A GOOD DAY TO SCALP !!!!!!!!GO TO 1M AND 5M TO UNDERSTAND IT BETTER
USUALLY DONT SCALP BUT HOW CAN YOU MISS AN OPPORTUNITY IF ITS IN FRONT OF YOU /////////////// AND IF YOU ARE NEW TO TRADING JUST PLEASE DONT DO THAT IT WILL BLOW YOUR ACCOUNT.
50+ PIPS BANKED FOR TODAY.
JUT USE PRICE ACTION TRY TO SYNC WITH THE MARKETS.
STOCH RSI I USE IT FOR POSSIBLE PULBACKS STILL ITS AN INDICATOR BUT PRICE ACTION WITH THIS INDICATOR IS MIND BLOWING
GU short setupGU likely to test 61 fib level to again retest the 32 and continue shoring. momentum squeeze and adx are in favor of the trade and we're setting up short entries around these areas.
Pump and Dump.....Price as been pretty Bullish on GU but seems that the bears will comes in this week........
CABLE UP !JUST TRY TO AOVOID NOISE LIKE 30 TO 50 PIPS MOVE
TRADE ONLY WHEN BIG PLAYERS ARE ACTIVE
BEAUTIFULL LIQUDITY GRAB AND THEN IT LAUNCHES
AS IVE SHARED THIS ANALYSIS IN PAST GO TO 14TH APRIL 2021
@Lingrid @MAKurniawan PLEASE TAKE A LOOK GUYS : THANKS
BUDDY : @DeGRAM <3
Short idea on GU after break of hourly structureYesterdays candle closed as a very promoting SS (shooting star), this was seen after a convincing move higher towards a slight daily level. This SS gives me confidence that price will reverse and go down to the untested level on the daily (5th April). We can see that if price comes back to the level now without a move lower we will have 61.8Fib confluence (very strong confluence). We will also have out 50EMA hovering around that area. We have out stop just above the high of the impulsive move down. Nobig news to come out today on either currency so we don't have to worry about watching out for that.
If we get in I will close out at 4PM as it is Friday and I don't hold over the weekend.
GU SELLSIf GU flips to bearish structure, we should see a nice drop on it throughout the next few weeks. Follow for more setups
GBP/USD BUY WE are looking to go LONG on the cable this coming week, our last idea touched our targets
.. we will not take any trade before any confirmation of a hourly candle closing above our entry!!!
