See chart. Tips and criticism are welcome.
See chart. Tips and constructive criticisme are appreciated!
A possible market outlook on GBPUSD. Let's see how this plays out.
I prefer the short approach on this pair as we are in a overall downtrend, but for a small retracement up we could enter a quick long. Let's see how the market opens and reacts. Entries should be entered at the lower TF's 15/30 minutes. To get the best entry. Safe trading :)
Self explanatory,see chart. Trade safe :)
As we look at the GBPUSD chart we are in a overall bullishtrend on the higher TF's. We are now pulling back for a healthy retracement to prior support and in confluence with the 61.8 FIB. We could also be making a double bottom which would be giving this analysis even more strength. We've been making HH's and HL's as well. See how this plays out. However the...
A possible BUY limit order on EURJPY could be approaching, we are heading towards the 61.8 FIB to complete the retracement downwards, in confluence with prior support region this could result in a upward movement. Trade with caution and proper risk management. Overall EURJPY is in a downtrend.
A possible intraday short on EURUSD 4H TF. EURUSD is in a clear downtrend on the higher timeframes. Both trendline and prior support could function as resistance, we need to analyse this further as to how the market reacts on open.
BTC has shown some strength respecting key support levels, a strong bullish pin par candle on the one hour TF. As well as a falling wedge formation which is bullish. Let's see how this plays out. Trade safe!
Short the breakout. Tigh SL.
Long the breakout, SL tight. Short term prediction.