Hello my friends, Today was such a good day, my trade managed to hit TP for 4.4R and i banked 8.8% profit. I started to get my edge back and i am going to post more positions for everyone to trade. My first setup for today is GBPJPY. To me, the recent sideways movement looks like a pennant / flag pattern and today i finally see price retest those broken...
it broke the wedge making an illusion of an new upward trend it then false broke 10000 and a long-term downward trendline, which should have trapped a lot of people if it continues to break 8000, the wedge will be false broken, which is super bearish never trust any fundamental news about Bitcoin, the whales dominant the price movements
This is my GBPUSD mark up. These markets can be so intricate that if you miss one tiny detail then the whole plan can be compromised. Zones on top of zones, but if my analysis serve me well then the moves can equal up to excellent pip gains. We shall see.
Go for it. Por que no? Longs for days and nights. Pink lines untested levels.
Price on this pair has been on a long term downward trend ultimately leading to that massive Brexit drop in June. Since then we see price consolidating in a symmetrical triangle near the weekly 111 area. I have developed multiple scenarios for this pair. 1. In my opinion it could still retest the 4h support (Pink Line) before making a charge to the 118 area....