Are you looking for GBP/USD forex signals? This post analyzes the latest price action and potential trading opportunities. Lower Time Frame Confirmation: Recommendation: Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Please consult with a qualified financial advisor before making any trading decisions.
In this forex signal update, we’ll analyze the EURUSD pair using H4, M30, and M15 charts. Our previous analysis identified a bullish butterfly pattern on the H4 timeframe. Now, an additional bearish butterfly has emerged, hinting at a possible price retracement. This retracement could bring the price down to the 1.06231 level before the uptrend …
EURUSD Forex Signal Update: Bullish Trend with Potential Dip (April 18, 2024) Read More »
Key Levels: Technical confluence identified for a potential long trade in GBPUSD: Trade Strategy: Overall, the confluence of the bullish Gartley pattern on the H4 timeframe and the strengthening uptrend on the M15 timeframe presents a compelling opportunity for a long trade in GBPUSD. Strict adherence to risk management protocols, including stop-loss placement, is crucial …
GBPUSD: Bullish Gartley Pattern Hints at Upside Breakout (April 17, 2024) Read More »
EURUSD Harmonic Pattern Forex Trading Signals & Analysis Key Levels: Technical Analysis: Trading Strategy: Based on the identified bullish butterfly on the H4 chart and the ranging consolidation on the M30 timeframe, we recommend a long trade on EURUSD with the following parameters: Risk Management: It’s crucial to maintain proper risk management throughout the trade. …
EURUSD: Bullish Butterfly Hints at Upside Breakout (April 17, 2024) Read More »
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