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The Dow has closed this week's candle with a good bearish signal and a bullish 4H which will provide good entry points.
The Fed Effect and the high inflation might have just started to create a change of character in the structure of price.
It's overall a Bullish Market in which is good to buy the dips, and perhaps sometimes to ride those dips to buy at the very...
Similar to the Idea I wrote on the GBPUSD we are presented on the daily candle with a daily close above the previous day which signals a reversal.
In the second instance, we have touched the previous bottom levels from the Flash crash of the Pound which has so far held.
I would suggest going LONG 126-125.90 on a retest of the previous double bottom level and TP...
Given the daily close above the previous daily candle, we have. a reversal signal on the Daily chart.
I would suggest going long on the retest of the bottom in the area around 1.444 with an SL to 1.397 and a TP of 2.568
The Coronavirus GBP selling has halted once the Uk has announced the lockdown. The worst in terms of panic shorts related to previous ideas of...