Price is consolidating after closing below a key level. A sell is highly expected.
This could happen next week. We wait for he bounce, then the pullback, then we sell the breakout. Thats the plan
Here, We have a falling rising channel that could produce an opportunity.
GOLD is headed higher after a series of pullbacks. First target is at 1790
As price retraces down, we could take advantage and sell this pullbacks. Although my long term view is bullish for this pair.
According to how the pair looks. Its best to focus on buying gbpusd than selling the pair. I expect the pair to move past 1.42200.
The pair has been bearish for sometime now. See the higher lows that have been forming. It looks interesting coz the pair looks bullish now. We are likely to get a double bottom on the monthly chart given how the pair has been moving recently. Follow me for more charts.
The pair just confirmed a breakout of a bullish continuation pattern. Given how bearish the dollar index is, i anticipate a bullish move to the previous high around $10,300 Happy trading.
Price failed to stick below 135.5 support turned resistance. Today's close back above 135.500 will signal for a fake breakout and price is likely going to retrace back to 139.300 300 PIPS
The dollar index is bullish, and is likely to be so for a long time.