This is a projection of what is bound to happen in the next 3 months. I have listed a bunch of reasons why I feel the market is likely to go short from this position. I will make edits and updates to this post as time goes on.
It's Just a Forecast of What we Might hope to see Entering the week. Important level highlighted.
As we can see, EURUSD is in the process of creating a market pattern known as Wyckoff Accumulation . We are currently at the fourth phase and we'll love to see EURUSD to close above the AR area . Take a long position when EURUSD close above the accumulation trading range. Use proper risk management Most importantly, have a nice holiday
AUDUSD is currently having resistance around the 0.73 zone which was a previous strong support zone and it is also rejected by descending trendline. We can also see a bearish divergence. We just have to wait for price action to take a sell. USE PROPER RISK MANAGEMENT.
A we can see in the chart above GBPUSD has just broken a downtrend and it seems too be retesting previous resistance a support and that is a valid time to enter the market. We just have to wait for the bullish pressure to kick in. Enter with proper risk management. LETS GO!!!!!!
Price is heading toward a psychological level at 1.4 and its a very strong resistance if we could see price action that signal a rejection( Engulfing candle) we can take a short backto previous support area
In this video i will be explaining the possibilities of having a bear run and i will also show you a scenario at which we could go long .... AND IMPORTANT TECHNICAL LEVELS TO WATCH OUT FOR ..