-DXY is appears to be bullish so I am looking to go long on USD.
-GJ and GU have a strong correlation and I am bearish GU so I am also bearish GJ
-On the weekly TF you will see price made a bullish push to the upside followed by last week candle that displayed a lot of bearish pressure and closing as a somewhat inverse hammer.
-Although price did make a...
Hey traders, in this week we are monitoring EURGBP for a long term buying opportunity around 0.837 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
Hey traders, EURGBP been respecting the support around 0.83 for quite long, currently we are waiting for the confirmation to go long around that zone, retail traders are long on GBP while we are planning to do the opposite and ECB seems forced to increase rates this year to face inflation. once we will receive any bullish confirmation the trade will be...
GBPUSD Running up to fresh two-months-highs, but currently facing three borders that would make the pair bounce. first of all the bearish weekly trend in combination with the strong supply and demand zone... and moreover some Bearish GBP Data.
Trade safe, Joe.
Initially, price was on an uptrend, making higher highs and higher lows.
Price then met resistance at the daily resistance/supply level.
Here price then formed a double top, which when a double top occurs at the end of an uptrend it can serve as a candlestick reversal pattern. With this formation also occurring at the daily resistance, this is potentially a...
