GBPUSD Analysis 27 April 2022 - By Vladimir Ribakov

Hello traders, how are you? Vladimir here from Traders Academy Club. This video is my technical analysis and an interesting trading opportunity on the pound dollar. Today we are on 27th of April 2022, uh, and, uh, let's begin. And before I go to the chart and explain, uh, all the interesting things, uh, happening in a technical, uh methods, uh, and why do I believe the pound-dollar is a great opportunity to, um, to enjoy from. If you are new to this channel, welcome to our fantastic community. Please subscribe to the channel with the subscribe button below the video, uh, and also invite you to our trading family Traders Academy Club where you will enjoy from the access to our full VIP price action course real-time trading ideas and mainly real-time trading education. Every single trading idea comes with a detailed trading video explaining the whole technical view and my all techniques standing behind the trading opportunity. Join us with the link below in the description or in the pinned comment. I hope to see you with us. So what do we have on the pound dollar and why is that such a great Opportunity. So the trend is, as you can see, absolutely bearish. After some time of dancing around the the lows here, trying to rally, resisting once again, what happened eventually is that we broke the lows, right? And all this little consolidation—it's a sweet history. Right now, the volumes are building up here as well, and. Again, as the price left the area, the momentum it managed to gain is absolute, uh, which also reminds me, uh, talking about the volumes, uh, this indicator that you see on this chart, the KTLI Key Trading Levels indicator, uh, based on the volume profile with an absolute multi-timeframe control, as you can see is available for you free. Follow the link below the video, uh, in the pinned message, uh, or in the comment section you would find the direct link. KTL, Key Trading Levels indicator. Follow the link, download it, and enjoy it. At the moment it's only for MT4. In the future, we are very likely we'll have it also for MT5. So, um, again, after leaving the consolidation, breaking down, building the volumes there Let's examine on the bigger time frame. What do we really have here? So at the moment, we are going down. No arguments. There was a big, big, big question around this area here, and as long as the price was trying to dance around it, it was suspicious to go and to do any actions there. But now, as you can see, the price is breaking down. It does not have any ending signs. Lower lows on the chart, lower lows on the indicator. RSI gains the momentum as well. And if we go through all the time frames, it will look the same. No ending signs. The momentum is absolutely bearish, which makes it look like the retest of the next important levels on the go is inevitable. So as you can see, the lows here, here, and here, the lows of the downtrend and the lows of the uptrend create for us an ultimate, an ideal target zone for this drop. I do believe that once the price reaches there, it will create some sort of extreme low conditions and we would shoot back to the volume area. But currently this is where we are very likely heading and taking it down from the weekly chart. Going to the daily again, no ending signs. Lower highs, lower lows in the play. No bullish divergence completed. No highs are broken. Taking it down to the lower time frame, 4-hour chart, and the picture is absolutely the same, right? Lower highs, lower lows without any ending signs. So yes, on the short term we have a low ride on the lower Bollinger Band. Right, and we do have some sort of a slowdown divergence on the histogram, which yes, gives some sort of a hint that pullbacks are possible. However, based on the higher time frame and the fact that we are breaking below the weekly important swing low there, as I showed at the beginning, makes me think that every rally that will take place here, right, should be an opportunity to ride with the sell again, ideally down to the area of the lows. And that could be anywhere in between 122 to 118. So it looks like there is further room for that. Also, if you find these videos useful and helpful, feel free to share with anyone who you believe can benefit by watching them. And also hit this little like button below the video. Drop some comment in the comment section and let me know what do you think about this instrument, the pound dollar. Are you bullish? Are you bearish? What's your expectations with all that? And also, I would like to take this opportunity to thank you for your time watching this video. I hope you find it useful as always. And once again, I invite you to our trading family, Traders Academy Club, to enjoy from all the best value we have to offer. Join us with the link below the video in the description or in the pinned comment. I hope to see you with us. I wish you and yours all the best, and I see you soon with more. Bye for now.