No significant resistance around and formation series of HH and HL.
Bearish Engulfing candle. Rejected from imp resistance level.
ENTRY: 0.006999 SL: 0.006870 TP: 0.007215 Reason Breaking out of a rectangle.
Entry: 64.87 SL: 53.91 TP1: 74.80 Reason Breaks recent LH and bouncing from and important fib level. Bullish candle stick formation.
Entry: 119.20 SL: 130.32 TP: 103.98 Reason Trend is bearish. Formation of hammer on daily time frame. No significant support.
Entry: 134.471 SL: 133.190 TP:135.600 Reason Bounce from an important support Formation of Bullish Candle on 4h chart.
Entry: 90.736 SL: 91.550 Tp: 89.300 Reason Rejection from an strong resistance level. Bearish engulfing candle.
Bounce from trendline resistance. Breaks above an important fib level. Three white soldiers formation on hourly candles.
Entry: 1.65151 SL: 1.65702 TP1: 1.62802 Reasons for the Position: Broke the recent HL and start of formation of LH and LL. Divergence on RSI.
Breaks the rectangular range upwards. Series of HL and HH and seasonal support GBP/USD uptrend.
Breaks the rectangular range. series of HH and HL.
Found series of LH and LL. (For long term) Possible formation of Head & Shoulder pattern.
POSSIBLE PROJECTION by ABCD pattern. Chart pattern are projecting new possible High according to ABCD pattern.
1. Bounce from an important level of fib. 2. 3 White Soldiers 3. Hammer candle formation.
Found HH and HL formation, with tweezer top candle formation at new HL.
Rebound from an important Fibonacci level and is already in upwards trend.
On the hourly chart, this pair is able to break their resistance and on candle sticks showing a bullish formation with a hammer candle stick at the bottom.
I am going short on this trade because the trend is downwards and three black crows formation is shown by the candle sticks.