GBPUSD possible sell setup. Daily bearish structure indicate that we will be creating a new lower low. We had a retest of previous structure @1.200 Waiting for entry confirmation.
Expecting a short setup as price broke structure on the Daily time frame and gave a retest of previous structure. TP1 will be 1.02395 and TP2 will be 1.01
Looking for a short term sell opportunity from 1.0300 to 1.0100 Then a long term BUY opportunity from 1.000 to continue with the long term bullish trend. Final TP 1.1400
UJ is in a higher time frame uptrend, had a weekly retrace to 61.8 Fib. Formed a 4H consolidation zone that had a breakout. Currently waiting for the retest of the zone before entering a buy position. TP1: 142.300 TP2 : 145.000
GBPJPY has a bullish market structure, creating HL and HH. Retested the 163.000, 50EMA and 61.8 Fib retracement. All signs indicate a bullish push to the upside from here.
GBPUSD has been in a down trend for months. Creating LH and LL on the daily time frame. Trendline and EMA as resistance with round 1.18000 *Word of caution: GU has created a double bottom on the weekly TF, however, I am still bearish until we break daily market structure.
GBPUSD is sitting on a big Weekly zone. After seeing a broken trendline and structure on the 1H, waiting for a retest to enter with a R:R of at least 1:3
AUDNZD Buy opportunity 61.8 Fib 50EMA Previous resistance as support, first time re-test of that zone.
EURJPY broke daily trendline and market structure. Strong zone of previous resistance turning to support. Round 138.000 and EMA as support. Looking for at least 1:3 risk to reward on this trade.