still in consolidation sideways market between 1.14500 and 1.05, broken the upward channel, looking for a break of the trend line for a move to the downside, look for daily close below the 200MA - patience look to short, bearish engulfing and strong close below 1.05 - look to short
huge move to the upside following brexit look to enter for a long position, realistic upside targets, allow monday candle close to indicate, buy at retracement
huge move to the downside following brexit look for short entry position on money, realistic downside targets
still in consolidation sideways market between 1.14500 and 1.05, broken the upward channel, looking for a break of the trend line for a move to the downside, look for daily close below the 200MA
Channel break and all indicators pointing towards bearish sentiment. Weak GBP data and strong US data. Volatile GBP so small risk
Bearish Englufing pattern formed engulfing 3 prior days of trading, potential reversal candle signal off 1.14 prior resistance level
Price has made a 78.6% retractive move which confluences with the R1 monthly pivot, trend-line and ichimoku cloud resistance. Bearish engulfing pattern formed at this confluence area. Price has broken the counter trend line, which is enough confluences to place an entry short to an ambitious 104 target that confluences with the S1 monthly support, 104 round...
monthyl weekly reversal following RBA rate cut, look to short on a retractive move
consolidation between 0.78500 and 0.79500, look for close either side and catch breakout
monthly spinning top but still a lower low, retracive move, weekly retracement to 0.775 and 78.6% level CTL break on daily & 20MA as support Daily close above 1.14 resitance, bearish engulfing at monthly pivot
shooting star on monthly, evening star reversal monthly, close below 200MA daily and retest of that level, bearish week, monthly candle close has hit 1.25 - price needs to retrace and have a breather weekly reversal pattern - could be retracement move Look for daily reversal pattern confluencing with CTL break to enter short position - Retracement to monthyly...
weekly close below 200MA, we are now trading below the 200MA on weekly, weekly close above 160 and strong morning star reversal pattern off S2 152 round number Still technically in a downtrend, hit the weekly 78.6% fib level and ichimoku cloud,
daily 200MA passed, all indicators confluencing, key resistance level 0.68660 broken on monthly close
My views are a move to upside with daily close above the 50MA and 8MA cross over with 20MA, also bullish engulfing on weekly, also ichimoku cloud break, weekly breakout,
monthly close all time high in 7 months - a breakout of the consolidation of 7 months - probability is a move to the upside, weekly close above 0.77 after price action tested 0.75 support, we’ve also crossed the daily 200MA, still trading below the weekly 200MA 50MA crossover 200MA, 8MA crossover 20MA, above ichimoku daily cloud, strong short term uptrend on...
Weekly close below 1.3, further downside anticipatred, Bearish englufing at 38.2% retracement which confluences with prior support 1.29, short to 1.26 fib D level
Gapped above 1.14 but now back in consolidation, look for reversal at retracment level and CTL break, bullish engulfing at the 61.8% level