ETHUSD: Long Entry SetupPretty awesome Ethereum is completing the 2618 pattern setup. I am hoping it forms a gartley for an even better long entry. We are heading back up to the $400. It would be an absolute amazing opportunity if Ethereum come back down to the 230 level after retracing to the 61.8 fibonacci level. This would give us an optimal entry with little risk involve. Let's go!
Trade with care.
Buy-setup
EURGBP Long Setup on Election UncertaintyHaving taken a big backstep against the pound this week following the announcement of a snap election by the UK, I believe the Euro could take a bounce back towards the top of the range (.87), should the French elect centrist Macron, most likely in a second round on May 7th.
Tight stops below most recent lows of .83, likely big volume coming in the next few weeks.
GBPJPY longGBPJPY was totaly exhausted trying to go further down, so
what I expect from GJ this week is defitinitely uptrend movement.
Important Supply area with daily resistance is important and major area to break.
Daily trendline is also major resistance, which will try to hold GJ in downtrend.
After breaking trendline + resistance area, i will be looking for buy opportunities same
as on USDJPY (on UJ i expect bigger pullback before move up than on GJ)
Don't forget to trade with proper RM/MM and caution.
Good luck traders! Wish ya profitable week