


themarketmafia
I expect GBPUSD to be bullish because on the daily time frame we see a bullish reversal pattern but before that I think price will pull back to touch the 200 EMA before starting to go bullish.
in a zone will bounce from the 61.8 or 50 fib area then retrace then shoot up
GBPAUD Is Long. It is Currently At The Weekly Level And I Expect It To Bounce Up
USDJPY Has A Little More Upside To Go But Once It Touches The Trendline For The Third Time I Believe It Will Actually Fall To The Weekly Level (red zone). Which is About 300 pips.
USDCAD is at a important place currently.It can either break the 1 year choppy uptrend and fall to the weekly level( red zone ). My bias on this pair is long and I believe once price breaks the rectangle it can shoot up to the daily zone (blue) to continue the trend.I will wait for a close above the rectangle.
Price has reached the daily level could break the trend line for a short there or come up a little to hit the trend line than make a move down.
Waiting For A Short And a break in the hourly trendline
Pretty easy setup here.In a uptrend looking for some downside to the respected trend line and then a move up.If I see the correct price action at the trend line I will be going long.
This pair is now a long because the break of the trend line.I'll wait for the retest then go long
No Monthly or Weekly markups or zones but we can see that price broke out of a downtrend and we can wait for a retest for a nice long.I think price still has some bearish movement for the retest but we could see a retest soon.
once again at a strong level which is a 61.8 fib and a 4H Level.Looks like a sell
Here we could see some further upside to the monthly level but maybe see a break of the trendline for a good short