Forex Course l Forex Signals App l Forex Signals Community › Forums › ForexAchievers Team Series : FX Price Action Analysis by Hamza Ali › GBPUSD-Price Action and Supply/Demand Analysis 2021 By Hamza Ali
Feb 18, 2021 at 1:49 pm #16768Hamza AliModeratorFeb 18, 2021 at 1:49 pmPost count: 20
If we look at the H1 timeframe it is clear that the price is in an uptrend and this move below the zone could be a liquidity spike. So if we have a close above the zone immediately then we may look for buys.Feb 18, 2021 at 1:52 pm #16769Hamza AliModeratorFeb 18, 2021 at 1:52 pmPost count: 20
If we have a downward spike by GBPUSD then I will be buying on the retest of this H4 support zone.Feb 18, 2021 at 8:47 pm #16771Hamza AliModeratorFeb 18, 2021 at 8:47 pmPost count: 20
GBPUSD, done exactly the same as we mentioned above in our first post. It has moved upward almost 100 pips. Congrats if you took this trade.The next target is 1.3978.Feb 18, 2021 at 8:52 pm #16772Hamza AliModeratorFeb 18, 2021 at 8:52 pmPost count: 20Feb 19, 2021 at 3:42 am #16787Ardy IsmailKeymasterFeb 19, 2021 at 3:42 amPost count: 16
Nice analysis there Hamza. GBPUSD did move up after hitting that slanting line support.Feb 19, 2021 at 1:12 pm #16796Hamza AliModeratorFeb 19, 2021 at 1:12 pmPost count: 20
As GBPUSD is in an uptrend and is moving exactly the same as we’ve mentioned yesterday. Now it has formed some little zone. We can look for some more entries at the zone if we have a retest. The previous target of 1.3978 got hit. The next targets are 1.4012,1.4087.
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