GBPNZD Bearish Cypher 60Min
GBPJPY Bullish Bat 60Min
I Think that the the price should go up until resistance level 1.07068 (of double tops), because double bottom pattern has been formed. So my suggestion is to go long now.
A busy little chart with natural charm and clarity of upcoming intentions
Happy New Year!
Good risk/reward ratio.
MACD indicator in hourly and daily charts is showing signs of exhaustion.
This could be the top of the currently uptrend.
The #EURUSD is going short !
Following the trend.
I do not know if it would be a vigorous impulse to the upside reflecting a potential reversal on daily basis, but it is a setup with good risk/reward ratio.
So far, so good.
UPDATE: Looking even better!
Actionary and reactionary waves exposed!
Fair setup for long. Good risk/reward based on wave structures.