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GBP USD UPDATE FROM PREV ANALYSISI will attach the link to my prev analysis - price broke trendline and tested resistance as I had listed as a possible outcome. I will be looking for signs of rejection from this resistance level or a possible sell from a 0.618 fib retracement. Remember let the candle patterns form and choose your entries wisely. Happy trading everyone!
FUN LONG Signal by The Channel with Most WINS ever!FUN
FUN recently broke out of support zone, but has majorly struggled with breaking above the 200 MA. The 50 & 100 Crossed over making a bullish attempts, but has thus broken back to the 100 MA. This point is VERY important to hold. IF 100 MA DOESNT hold, then expect a drop back to double bottom support at ~20 sats. In this case, the STOCH is oversold and RSI is looking to break UP. Therefore, I expect 100 MA to hold and push up and break OUT of 200 MA. Main targets are previous high of T1 at 50 sats. Then on to the major target just below daily resistance block at 66 sats. Scam wick may bring us up to the top of 88 sats. Take profit here and wait for retrace!
Possible Entires: 35-40 sats
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