RSI: oversold. RSI: Trendline Cut. Timeframe H2 / H4 Like a Double Bottom. you can open a position with that style Remember Money Management Thank you
EMA 8 EMA 20 4 H: will be cut Near the Trendline. Divergent RSI and leads semi Down, TP and SL in Chart Thanks
Bias / Outlook Intraday: Neutral, in H4 Ichimoku Cloud. Resistance: 1.1385 / 78, 1.1328. Above the flat Kijun-sen 1.1240 still holds the potential bullish. Price action in the range of 1.1328 which reflects the response of buyers, worthy of note. Break above 1.1385 is needed to get out of the track Ascending Triangle. Support: 1.1240 / 1.1203, 1.1150. Price action...
weekly candle GBPUSD Bullish engulfing: indication of movement between 1 and 2 next candle will be bullish. Best Regards Trading Like Tracking Mountain
according to predictions last week ... :) Outlook is negative below the Ichimoku Cloud H4 after break below 1.2366 confirming Double Top. This pair is still downside risk during the move below 1.2326 Kijun-sen.
Outlook still positive over H4 Ichimoku Cloud. Potentially Double Top after failing to hold above 1.13, but the downside movement also failed to hold below 1.1048 pursue a potentially 1.12 / 44. Break above 1.1385 / 78 or a break below 1.1150 is needed to provide an indication of the direction of price movement next.
Had tested flat Kijun-sen dated June 10/11 (124.14) as a dynamic equilibrium price at the time, but the sellers respond that is then reflected from the Upper Shadow candle spike rather long. For a while this movement is limited upside Resistance Trendline. Below the Kijun-sen 123.90 still downside risk.
Outlook still positive over H4 Ichimoku Cloud. Closing price (H4 / Daily) above 1.5553 is still risky upside, next resistance test (1.5698) to 1.5800. Best Regards
Bias / Outlook Intraday: Positive, above the Ichimoku Cloud H4 Resistance: 1.1465, 1.1385 / 44. Buyers reaction above 1.1300 and 1.1344 should still be taken into account as long as price move above the flat Kijun-sen 1.1216 as equilibrium or balance level at this time. Support: 1.1216, 1.1048 / 1.0005. After the release of US data, a break below 1.1216 Kijun-sen...