TradingView Ideas

GBPUSD : Short Trade , 4h (Sun, 12 May 2024)
Hello traders, we want to check the GBPUSD chart. The price is moving in a downward trend and if the price pulls back to the specified resistance level, we expect this level to maintain the downward trend and the price will fall to around 1.24200. Good luck.
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GBPUSD (Sun, 12 May 2024)
Considering the increasing fluctuations of the pound and the temporary decrease of the USD and the placement of the pound on the path of increase, it is likely that it will be within the target limit, for further increase, reconfirmation is needed, and the possibility of price correction and temporary decrease is also in this analysis.
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GBP/USD ON BUYING (Sat, 11 May 2024)
The British Pound Sterling is the fourth most popularly traded currency, and the third most commonly held reserve currency. The British Pound Sterling represents the economy of The United Kingdom, which consists of England, Scotland, Wales, and Northern Ireland; and the Pound Sterling is the sixth largest currency in terms of GDP, and the 8th largest in terms of Purchasing Power Parity.
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Elliot wave crystal ball forecast on GU Monthly (Sat, 11 May 2024)
My crystal elliot wave ball is showing what will happen in 2024-2025 and beyond. You may follow this path I have given you. I am anticipating a corrective move up here before the big dump on GU. As you know anything that goes up must come down....trend will be broken and a pullback will be expected. It's a crazy prediction? Yea I agree...But who knows? Good luck traders!
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GBPUSD (Sat, 11 May 2024)
GBPUSD on the LTF H4. More details in the previous post.
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GU Elliot Wave long term movement (Sat, 11 May 2024)
Hello traders! I am posting on GU again. This weekend I have extra time on my hand :) I have created this chart to breakdown the movements according to Elliot wave theory on H4. At the end of Wave C there is a possibility of 3 corrective wave down and another 5 wave up to break the major resistance. But for now it is safe to assume a short at that level will be a wise choice and we count the waves from there. Wish all of you a great weekend and happy trading!
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GBPUSD (Sat, 11 May 2024)
One of my favorite chart patterns. Pattern indicates a bullish and reversal setup. There has been 2 failed attempts to break out of the upper trend line. At the same time price rejecting the 1.2480 level with a nice hammer candlestick pattern. Strong confluence point (Resistance+trendline). A conservative approach would be for price to break trendline upto levels 1.2560-90 before jumping in or wait for retest back to 1.2530-40 which would become support. Or maybe price could still revisit 1.2480 level once more and deep further south? My bias is bullish so would be on the look out for further confirmations and intraday setups to go long. Potential Targets - 1.2600-70; -1.2700; - 1.2800-50.
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GBPUSD H4 SELL PREVIEW (Sat, 11 May 2024)
Posted a sell setup earlier on GBPUSD, this is the H4 timeframe breakdown. If you haven't seen the Daily signal you can check from my profile. The DXY (DOLLAR INDEX) is really strong and this effect will influence this setup being played out, what ever you do, you need to be selling the pound/ Can't talk plenty,, Trade safe and always manage Risk. Follow a well defined trading plan, use a strategy with an edge. If you don't have a strategy with high win rate you can try the K.S.I Strategy. works cools THanks.
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GBPUSD CLEAN SELL (Sat, 11 May 2024)
Fellow traders, I'm looking to going short on the pound dollar doing the coming weeks. This is my view on GU from the daily timeframe. Remember entries should be made from the H1 or the H4 timeframe, scalpers can scale down further. THANK Y'ALL
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GBPUSD Possible bearish trend continuation with harmonics (Sat, 11 May 2024)
GBP against USD seem to continue its bearish trend as per harmonics which found 1.2025 level potential reversal zone as noticed in previous year in March, Sept. and NOvember.
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