Guissoul

Guissoul

GBP has created a short term bullish structure. A third touch seems to be underway with the opportunity to enter buys on the previous support region.

Guissoul

The market has created a bullish structure with signs of failing to continue heading up. Currently a signal for sell has appeared as shown on the H1. The bias for this market is still bullish. I'm hoping to catch the bearish retracement and also a continuation to the upside.

Guissoul

A break of bearish structure, currently waiting for the minor bearish structure to be broken to confirm buys.

Guissoul

As we prepare for the coming week, H4 shows a bearish structure with the possibility of a double top formation at an area of interest. An H4 candle confirmation before taking sells would be an ideal move to enter to sell the market. Other than that, no buys will be taken by me as it could either be a fake out before heading down.

Guissoul

Opportunity for buys before reaching the selling area. Market showing signs of rejection within a level of interest.

Guissoul

Minor bullish structure broken, waiting for a retest and a confirmation sells to enter.

Guissoul

Market shows sign of struggling to continue higher at a very interesting area. Looking to short this.

Guissoul

Bearish structure broken, waiting for a retest with an H4 bullish rejection to occur for buys.

Guissoul

Resistance level seems to be holding with the market failing to break after 3 tries. Currently signs of bearishness are underway with the opportunity to go short .

Guissoul

The market is showing signs or bearish pressure. An H4 bearish candle close will signal a short opportunity. I see the market failing to break the resistance line. This coupled with a third touch on the Trendline and market structure showing bullishness improves the chances of this being a sellers market for now.

Guissoul

The market has crated a bullish flag with the opportunity to sell before going long. I third touch on the resistance line (the top of the bullish flag). A clear H4 rejection around this area will signal bears entering the market hence giving a clear indication of going short.

Guissoul

Price has reached a significant level, it failed to break this level after multiple attempts.

Guissoul

A broken daily support level on a bearish market and a retest of this level showing bearish pressure.

Guissoul

Sell

Guissoul

The overall trend is still bearish but showing signs to reverse to the upside very soon. Three times the market has failed to break the 70.029 level, with previous highs being respected and previous lows being taken out, I see a potential short-term sell opportunity as indicated.

Guissoul

NOKUSD and AUDUSD are negatively correlated to one another. NOKUSD broke a recent 1 hour support and support becomes resistance. A retest of the resistance zone showing signs of bearish pressure will activate a sell. Stop loss about the previous 4 hour candle. Take profits at 9.19556 and 8.99136.

Guissoul

Falling wedge signifies exhaustion of the downward move, a clear break of 0.66391 will indicate an upward move is about to play. Entry on a retest of this level and stop loss below the previous low as indicated.