Trend reversal pattern, we are looking for a reversal at the end of this week, nice and smooth PA to be here
Hi, Looks like intraday triple top confirmation with move back below 1,2590. Im looking to sell rallies ( or retest if you wish ) towards 1,2600/20... Stop 1,2640+ first target: 1,2515/00 second target 1,2440/20 Good Luck!
Hi Traders, with the break of 1,2640 to the downside looks like pound may get back to the reality If the megaphone formation on the chart is correct, we may see retest of the mid line before move lower... selling rallies towards 1,2660/80, stop above 1,2715 first target around 1,25 Good Luck
Hi Traders, The bulls have reached the crucial level and in case of bull flag continuation should close the day above 1,3200 in my opinion. Closing the day with the upper shadow will provoke profit taking from long positions .... and I am counting on it patiently waiting for the end of day. Alternative scenario: closing the day at least above 1,32, retest and...
Based on daily chart we are testing first possible supply level/zone and there is some reaction ( hence not big yet ) Im going to sell intrtaday rallies twds 70ish and more details on intraday chart within few minutes Risk events: FOMC minutes Juncker May meeting today 17:30 GMT
Bulls trying to take out yesterday high but hit wall of supply from 29th of November. Looking for retest and if we hold again will look for shorts twds 1,2650/2580
I'd rather buy from this level. The reason for this is obvious to me. Price closed above bearish trendline both on the Daily chart and on the Weekly chart. Price action retested the moving avarege and the bearish trendline as well. Follow this chart to see the updates or follow my page to see my analysis on other pairs.
Two possible scenario for GBPUSD We see two possible patterns - Bearish Rectangle and Double Bottom. Wait break. Targets on the chart. Thank you for your attention.
I will buy pound abowe 1.3289 Alternative scenario will after break below red line - 1.3120 Possible targets on the chart. Trade Care!
Rebound from the lower boundary of the ascending channel (violet line). Breakdown of the descending trend line (H4), (orange dashed line). Rebound from EMA600 (H4). Let`s see. Possible scenario on the chart. Targets on the chart. Alternative scenario on the chart. High risk trade! Thank you for your attention.
I will buy pound abowe 1.2308 Possible targets on the chart. AB=CD bullish but we have AB=CD bearish also Now we are above EMA55. Let`s see. Alternative scenario will after break below red line - 1.2147 Trade Care!