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Short position
AUDUSD
, 60
Short
AUDUSD: Short position

The main trend is Bearish in Higher TF (Daily) In trading TF we witness a resistance zone that price can not break it. and also the entry is top of bearish channel, so GO SHORT!

ZIGZAG PATTERN /Analysis with Fibonacci
GBPUSD
, 240
GBPUSD: ZIGZAG PATTERN /Analysis with Fibonacci

We are witnessing an ABC pattern. It seems the trend will touch D (61.8 level of fibo ) and from there we will see a downtrend to the E (CD extensoin 1.272) This level will be a strong signal for long position (Fibo projection ABE: level 1)

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