Expect the pound sterling to rise for the next few days and weeks to come. Cheers! :)
The pair has already broken from the consolidation pattern. Looks great to go long when market opens. Cheers! :D
Use the lower trend line as support and the upper trend line as take profit. Stop loss up to you. Cheers! :)
Hidden bullish divergence. :)
might be a golden opportunity :D
Almost all traders are posting short sell ideas on tradingview for gbpjpy. I believe market makers would make this a quick drop. We shall wait for a breakout for confirmation. :)
Hidden bullish divergence on 4hr timeframe. Go long when price hit trendline or right before the news. Thanks :)
I don't think the pair is exhausted yet like most traders see on the daily chart. I believe this pair and EURUSD has potential to rise especially on this friday's NFP data. I hope the smart money is on my side, haha.
once break, price will slice thorugh the compression area
I'm waiting for price to hit a major demand zone and decides to go up, slicing through the compression area.
Soon the price will reach the supply zone.
The pair went through a cycle of compression by rejecting a series of supply zones. Now the road is clear for the bulls to rocket straight up.
Hi, I recently posted a same analysis but this time round i hope it would give a clearer picture. I've added 2 more trendlines to make it look like an uptrend channel , instead of just 1 trendline at the bottom. I hope this would further back up my call for the hidden bullish divergence on the macd . Thanks!
Regular divergence, Looks like bears are ready to take control again?
Price is in consolidation already rejecting a strong weekly resistance, coupled with a hidden bearish divergence on the overbought stochastic and a shooting star-like candlestick pattern too, this screams SELL to me!