bossmadep88
if i see a break and hold above its consolidation pattern of previous there is a chance that GBP will push back into its long term channel but on the flip side if starts a downtrend it will head back to consolidating again but overall i think this pair will swing back into the former channel to continue its channel trade pattern. again my opinion
just waiting for a double top to form possibly i will be keeping a close eye next week beginning
caught the sell and placed a little retrace buy. the sell i took was a sell stop and continued so im just basically taking a retrace long as im still holding on my short positions
2 out of two this week on this lovely pair. still a bulls market though this is merely a retrace on the weekly TF monthly still bullish
shorting until the up trend continues
hoping to see a retracement to gather sellers then bulls take back control
looking for this setup the bears are still in control over the next few quarter on a monthly outlook my opinion
this trade i have been waiting all week now they sell and on the last day what a surprise
looking fir a possible head shoulder formation to form so the bearish momentum gather strong liquidity for that huge break downwards
let me see how this 40 pip short then the bullish trend to continue will be the right move but they will probably go lower for the liquidity search so lets see how it plays by Tuesday with the PMI and spending capitol meetings. weekly time frame suggests bulls are still holding strong. my opinion