Intraday sell - wait for price to break out of pennant and close below 200 EMA - expect price to touch 4H resistance.
Expecting price to break below the pennant, close below the 50 EMA and head to at least the fib level and 4H support 15548
Waiting for price to consolidate further and then break the pennant and below the 50 EMA. Fib retracement shows price could possibly retrace to 13500 level.
Look for price to break out of pennant and below 50 EMA. 14/50EMA cross for further confirmation. Expect price to go to 200 EMA, then 1H support and possibly 4H support. Fib retracement indicates to 200 EMA or further.
Waiting for price to break below the 4H resistance, 50EMA and see 14/50 EMA cross for a sell to the 4H support. Safer trade is to wait for the break of the pennant / 34700 Fib suggests a retracement to the 4H support.
Bounced off the 0.382 fib level for a short-term uptrend and the daily support at 7000.0. Aim to break recent high and reach at least 7200.0 Monitor 15M TF pivot points and EMAs for entry.
In an interesting place - bouncing off golden 0.618 fib and 4H support at 13000.0 it can head up to fill previous clean traffic at daily resistance 14000.0 or it might continue down and break the fib levels to daily support at 12500.0 Monitor 15M TF pivot points and EMAs for entry.
Expect it to head to 0.736 fib level and bounce down to 4H support at 33700 before heading up to daily resistance at 35500. Monitor 15M TF for multiple entries with EMAs and pivot points.
It wants to break 4H resistance and institutional level 0.73000 and fill the previous high and wick at daily resistance level 0.75000 but HI USD news might push it down and break out of the triangle to 4H support at 0.71000 and potentially further to 0.69500. Monitor 15M TF for pivot points and EMAS.
Bullish momentum within 4H support and resistance range. Bouncing off 0.77000 level again and golden 0.618 fib level to break through 4H resistance 0.78500 and up to fill the previous hgih and wick at daily resistance institutional level 0.80500. Monitor 15M TF pivot points and EMAS for entry.
Potential for 3 intraday trades. Short term sell breaking current fib level to next daily support at 1.19000. Or, it just bounces off current daily support 1.21500. HI USD news potentially pushing it to 4H resistance at 1.23500 golden fib level 0.618 before a big sell. 15M TF monitored for pivot points and EMAS for entry.
Will either immediately bounce of daily support at 0.9000 or continue to trendline/4H support at 0.88500 before reverse, breaking channel and heading to the upside. Target 0.618 - 0.786 fib levels if it breaks through 4H resistance at 0.92000. HI USD news which might push it there. Monitor 15M TF for pivot points and EMAS for entry.
Continuation of uptrend to daily resistance - aims to fill the previous high wick above 1.42000 Trendline already broken. Monitor 15M TF pivot points and EMAS for entry.
Bounce off the daily resistance and golden 0.618 fib level to continue further down. Target is daily support institutional level 107.500. Watch HI USD news as it tries to break 4H support zone at 108.500 Will monitor with 15M TF EMAS and pivot points.
Upward channel - ranging between 4H support and resistance. Potential to continue to daily resistance institutional level 1.24000 or with HI bearish predicted EU news head to fib golden level 0.618. institutional level 1.19000 Will monitor EMAS and pivot points on the 15M TF and assessment which direction to place the trade.
Either way - watch for breakout of trendline - triangle
GBP USD long at psych level on trend line ready to bounce