sitting on resistance. Monthly candle suggest we could see a bullish run soon.
gbpjpy abcd completion. price been making lower lows and lower highs
EURUSD daily is a huge head and shoulder. Price has been accumulating in this range for a few weeks now. As long as price respect this channel we can look for short term intraday set ups.
two possible scenarios for usdjpy. price is reaching support. We will continue to watch price reaction at this zone
gbp broke resistant and came back to retest support. making higher highs and higher lows
price is currently accumulating volume in consolidation between a supply and demand zone. I am expecting price to retest the supply zone which is also near the 38.2 FIB level of resistance. We will wait to see how price react at this zone to determine our position. Aggressive entry would be after a daily rejection off this area. Conservative entry would be after...