I'm bearish on GU looking at the price action that it gave us last week. We opened the week pushing low and now starting to look for a new high. After it finds its spot we wait for the killzone to enter. The dollar is looking like it wants to reach for new highs in the long run. So we just ride the wave.
Here is a short trade idea on GU. On last Friday we had a volatile displacement to the downside, so I would like to take a short, targeting the SSL below, into a weekly FVG. Pretty straight forward trade. Price could go lower than that if the trade was correct in the first place, so I would likely leave a runner between 20-30% of the position at that point and...
This is a move on GU that I have been waiting for. I need further confirmation that it want to move forward with what I am seeing so I waiting for London session to see how price reacts to the added volatility. I'm thinking that now that we have established a high for the month, price can really start to move. Key is to remain patience and just wait for price to...
manage to grab a scalp during London session but the bigger move came in NY session. Price is still indecisive and not showing what direction it wants to go just yet. Just have to sit on hands for now. Waiting for london session to see if things change.
New week...new Month...new opportunities. sitting on hands to wait for price to confirm what direction it wants to go. With todays price action it looks like it wants to now push higher to start the month off. Expecting better sell opportunities later in the month. Lets see how today plays out. London session should be interesting.
GBPUSD Analysis(15M TF) BUY/SELL SCENARIOS: 🟢BUYS: Price comes down, test and respect the 15M OB at the 1.27152 level. A Bullish CHOCH is required in order for the BUY Set up to be A+. 🔴SELLS: Price Dumps Past the 1.27061 level. If this happens with a body candle close, Sells after a Break and Retest of the Failed 15 minute OB is possible to target lower prices.
Been waiting for price to turn bearish. Its here now. so for the time being taking advantage of a pull back and will look for a entry for the sell during NY session and USD news.
Most recently, we are "stuck" in this box-range with unclear, messy price action Given the fact I see bearish on HTF and bullish or messy on LTF, it's a contradiction so right now I don't have clear confluence for this market Overall on 15-60min. timeframes, we see recent bullish leg. Accumulation and reaccumulation models are pushing price higher, however price...
This week, my plan for GBPUSD (GU) is to buy up towards the 10-hour supply zone. I will wait for a retracement to occur, allowing for a Wyckoff accumulation to form within the demand zone before taking buys, possibly targeting the relative equal highs I have marked. If the price doesn’t retrace deeply and moves straight towards the supply zone, I will look for a...
Last week was impulsive and continuing to push bullish. The dollar has not has any significant news to push it in either direction so the rest of the market is moving in response to the dollar. As this week opens we are getting close to summer months. Will allow price to open and find a direction before reacting.
GBPUSD Analysis On the 1 hour Timeframe, price has tapped into the 1 hour FVG and rejected very strongly and created a 15 minute Change of Charcter to the upside. Currently Price has retested the 15 minute bullish OB at the 1.26865 - 1.26924 level. There are 2 scenarios i am looking at. 1) IF price breaks through the Bullish OB with a body candle close...
Looking for bearish price action but aware of my bias. Need to see more confirmation in price action before getting active on any position. Price is basically in a neutral zone and can go either direction.
price has been waiting to move in position to start a bearish move. we are now in position to form a solid H&S pattern on the 8HR chart. need to continue to see confirmation it wants to continue down though so will scalp cautiously.
Starting to see some bearish confluences on GU ☝️Do not act based on my analysis, do your own research!! The main purpose of my resources is free, actionable education for anyone who wants to learn trading and improve mental and technical trading skills. Learn from hundreds of videos and the real story of a particular trader, with all the mistakes and pain on the...
My analysis for GBPUSD this week is to uphold the bullish trend we've observed over the past week. With a newly established 1-hour demand zone and a nearby 5-hour demand zone, I anticipate price to decline from the current supply and head towards the demand zone. This move is expected to occur mid-week as price retraces and forms a Wyckoff accumulation within the...
just waiting for GU to break it on down. We are now coming to a area of resistance. if it can hold i am expecting it to drop from here and i can get a nice scalp to close out the week.
Hi friends, I hope everyone is doing well. In this video I share my analysis and bias with GBPUSD, I show you how I come up with this analysis, and I advocate additional confluences in your analysis as well as demonstrate what I mean. But please note, I am using ICT Concepts. If you aren't familiar, then it wouldn't make sense to you. However, you will probably...
Been waiting on price to do this. Looking for it to continue to as we come into another London session I will try and spot a entry. But must sit on hands until then cause price is very indecisive.