AdamChomba

AdamChomba

If this market bounces off strike zone 1 or 2, then we up to the top of the triangle, and if it breaks that area, we are looking at no less than 150 pips to the upside. But since this market is in a downtrend, if it breaks out downwards, we are looking at a Massive 150 to 200 pip drop. at this point, I am neutral on what will happen until a break out is...

AdamChomba

GBPUSD is currently zoning on the daily time-frame... its been stuck in between 1.2750 area and 1.2550 area. Market is still in a Bearish Bias. Awaiting this area to break out :-D Still neutral on the break out bias.

AdamChomba

For those still holding on this pair, we are waiting for a confirmation on a confluencial price reversal Zone and the formation of a lower high for more entries. For those that missed the first move, wait for the next one... Those Bears are Really pushing...

AdamChomba Updated 

According to how I see GBPJPY on the H4, structure is still maintaining a downtrend, until market breaks above 137.00 area and closes candles above. We are still looking for Sells in this timeframe. What do you guys think?