Entered the market from support. now this is another opportunity to enter again at the retest, Long rejection wicks are visable on the 1hr, price should continue to push upwards.
Possible double bottom after meeting strong S and R zone. Price should then push up a good 250 pips
Key H4 resistance level, with the possible rejection of a strong trenline. We should see price bounce of the resistance once again forming a double top and then go in for shorts.
Price is currently leaving a nice rejection wick @64.600 if it closes like this on the hour, we will hope to see a move to @64.850 and then look for shorts. Markets are very volatile recently because of oil price but hopefully this trade plans the way we hope.
Hopefully price bounces off the trend line. We are looking for a strong retest with a long wick breaking the line to then enter on the hour.
As CAD weakens we are seeing strong JPY upside pressure resulting in a buy
Very strong S&R lines, possible rejection of resistance looking at a big sell.
GBP is becoming more weak i believe its only a matter of time before we see lots of donwnside pressure on GBP causing it to drop.
Clear support and resistance hopefully is respects the trend and bounces off support :)
GBP has began stabilising recently and therefore we can see larger movements within the curreny. We are looking for a restest of support to then go in for a long BUY @1.21137