


haydenk92
The Cable Has Been In a Descending Channel Coming Off A Double Top. The News This Morning Sent Sterling Higher But With The Fed Looking For A Hawkish Outcome Later this Afternoon I Can See The Dollar Gaining strength. We Have Just Tapped Into Another Order Block Which Could See Dollar Gaining Strength Going Into The New Week. Trade Carefully Be Safe. Hayden
Gbp/Usd Is On An Overall Uptrend But For The Past 10 Days We Have Been In A Bearish Channel. 1.24300 Seems To Be The Support Of An Inwards Head & Shoulders In The 4H/1D For Bullish momentum. We Are Either At A Pullback Area Or A Push On Through To The Bottom Of The Channel. ( Be Cautious ) Push Through Support Would Make And Invalid Trade, A Rejection At...
We Can See An Inverse Head & Shoulders Forming On The 1H, After A Strong Push From The Dollar Late Last Week We May See Sterling Get Back Into The High 1.25 / 1.26. Let See What The Retail Sales Comes Out Like And Wait For Retest But We Are Looking For A Good 80/90 Pips To The Upside! Trade With Caution Be Safe. Hayden
With Sterling Struggling At The 10 Month High, We Should See Slight Relief For The Dollar After A Busy Week. A Double Top Has Formed And The Retest Has Already Taken Place, Confirmation Also Occurs on The 3SMMA With It Starting To Curve And Cross. Looking For A Retracement Back To 1.25 Area Happy Trading Hayden
With the coronation this bank holiday weekend in the UK (that cost us taxpayers 1 billion..) & America in the not so good state we all see the banks in. All My Confluences Are Swaying Towards An Uptrend For GU Even Through The Big News Coming Out Of The Fed This Week. The United Kingdom Would Of Seen A Big Influx Of Tourism This Weekend On The Other Hand Rumours...
If Anyone Could Tell Me If Touching The Top Part Of The Channel 4 Times Is Bullish It Would Be much Appreciated, I Don't Want To Be On the Wrong Side Of It?
I'm At The Stage of Unsure Now, Let's See Over The Next Few Days.
We caught a good move to the upside with sterling becoming strong this week. It has rejected the 1H 4 times now. surely a move down for a few days to possibly catch a good 100 Pips to the downside? let's see?
Head & shoulders Patterned Formed On Gbp/Usd As You Can See We Were In A Bullish Uptrend From Around 13/14th March And Then We Broke The Trendline And Have Been Moving Sideways And Underneath That Trendline For A Couple of Weeks. Last Nights I Noticed A Head & Shoulders Pattern Forming Which Indicates a Bearish Reversal. Only Problem Is The News Coming Out This...