High probability to be a strong sell as confirmed with higher timeframe indicator plus it is at the strong resistance zone.
Downtrend and overbought in higher timeframe; Expecting to go lower.
Price has tested previous support trend-line and retraces lower from 0.618 Fib level.
Retraced from 0.618 level; Expecting it to move further to 1.618 level this coming week.
Price is has pulled back to resistance line forming LH-LL. Expecting strong impulse move to support trend line
This level has been respected many times which now becomes a resistance zone.
Expecting a strong pull back from uptrend resistance line to form double top pattern.
Follow your own proper Risk Management.
Pending for the set up, if all criteria of pattern and indicator are aligned, short the pair.
Strong resistance zone where price struggled to get higher high. Bearish bias is also supported by Stoch RSI to send price lower. Risky trade, set SL to break-even before GBP Retail Sales news released if trade running in profit. Disclaimer: This is simply my trade idea where the entry, SL and TP level might not be similar as my trading account.
Head and shoulder pattern; Supported with Indicator to move price lower. Disclaimer: This is simply my trade idea where the entry, SL and TP level might not be similar as my trading account.
Price has been rejected several times from the resistance. Further bearish is supported by TA analysis to move price further to demand zone. Disclaimer: This is simply my trade idea where the entry, SL and TP level might not be similar as my trading account.
The price is currently ranging at the supply zone without obvious bullish sign. The bearish movement is supported by the chart pattern as well as indicators to push the price to demand zone. Disclaimer: This is simply my trade idea where the entry, SL and TP level might not be similar as my trading account.
Bearish Gartley; Overbought; Resistance Zone; 61.8 Fib Retracement