AbidRhmn

AbidRhmn

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AbidRhmn

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AbidRhmn

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AbidRhmn

we need to wait for the breakout and the retest before selling this pair, the technical looks great, now we need to wait and see how the price plays.

AbidRhmn

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AbidRhmn

short for audusd

AbidRhmn

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AbidRhmn

Break and retest on the trendline, now we should check the candles to see if it's a good point to enter on this trade

AbidRhmn

It could form a H&S.

AbidRhmn

Break at the tl, retest and now sell.

AbidRhmn

Break, retest on the s/r zone and now buy!

AbidRhmn

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AbidRhmn

GBPUSD looks very bullish, this pair could go either ways, it could break the current S/R zone, retest it and go how I drawed it on the chart, OR it also could drop from the current S/R zone by creating a H&S pattern to push all the way up to our TP 2. We have 2 TPs, so we have a target to catch around 580 or 760 pips (depending on the entry point).

AbidRhmn

We have two entry prices, the first one is where the market currently is, and the second one a little bit above as it's the 61.8 fib zone, so it's going to be a swing short position with two TPs with a overall profit of 350/400 pips.