Additional lower timeframe confluences: 1) 30 min FIB retracement and notice any respect or rejection to key 61.8 level 2) 15 and 5min 14 and 50 Ema in your favour, or wait for a dynamic support/ resistance 3) 5min rejecting a PPL and RSI strength in your favour bounce off 30 or 70 level 4) At a point of lower time frame break/ push there will also normally be a...
-------------------4HR CHANNEL/ PPL SET-UP-------------------- GBPUSD 4HR Additional lower timeframe confluences: 1) 30 min FIB retracement and notice any respect or rejection to key 61.8 level 2) 15 and 5min 14 and 50 Ema in your favour, or wait for a dynamic support/ resistance 3) 5min rejecting a PPL and RSI strength in your favour bounce off 30 or 70...
Simple and easy to read and understand, trend lines in conjuction with supply and demand zones as well as higher time frame outlook
Described in chart, continuation of previous downtrend
Description and everything layed out in the chart, watching major support and resistance on daily in reflection to weekly up trend... my opinion is continuing up
Long holds for day or week , watch what support and resistance gets hit.. major daily resistance was tested and not broken so price proceeds down.. expect it to drop.. first TP at 111 and then potentially 109.. chart has all trend lines, daily support and even 4 hour support shown.. my sell entries as well as TP are also marked.. good luck
Daily going up, Major daily support hit and follow the chart I layed out respected support points, the trend, the next stop e.t.c