Great analysis champion. But i guess you didn't take this trade because you didn't see a bullish breakout from the bull flag. I was looking at the same BUY but stayed out. I'm looking a the 4hr timeframe. It might give us an inverse H&S
WicktatorFX
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@De-Harmonic, thanks mate! Nah haven’t taken it yet. I saw the inverse head and shoulders as another place to look for longs and it lines up with the 618. Currently the price is being really corrective and looking like a bull flag. It’s bound to break up anytime soon! Gonna keep an eye on this for today. Check out NZDUSD too, looking good for shorts soon
De-Harmonic
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@Wicktator, I will just wait for the Neckline to breakout around 1.1800
WicktatorFX
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@De-Harmonic, Yeah I think that's a safe play. Do you work with EMA's?
De-Harmonic
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@Wicktator, Nah! All shitty indicators. RSI and MACD does the work for me.
@Wicktator, Short term SELLs might work but i want to be careful with this pair because of the Daily timeframe. Trend is strong and seems like it might reach up to .6730
@Wicktator I got in after the pin bar retest. Do you still find it strong enough to push up?
WicktatorFX
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@De-Harmonic, yeah I do, but I think it’ll consolidate a bit until next week. We got major GBP news on Tuesday where I think we’ll see another push up. Hit me up on private message, I’ll send you something