The gbp-usd impulse moves downward and now retraces at 50-61.8% fib retracement level. That is mentioned in the chart and the market gets down from the 1.27500 level. If the market respects that level then the market will go down to 1.26800 level.
Weekly= Bullish
Daily= Bullish
4H= Bullish
1H= Falling Flag Pattern = Continuation Pattern
30 min & 5 min inverse head & shoulders. Expecting price to respect both patterns and continue up. First TP level around 18664.
4H Inverted Head and Shoulders
30min Inverted Head & Shoulders as well. Expecting a pull back to 1.26180 area before continuing to the upside. Looking for TP area at 1.28000 .
NYSE:APTV Has formed a bearish impulse with a healthy correction and a lower degree impulse with a lower degree correction that is breaking out of the larger degree trend line!
This is great confirmation of a trend continuation setup.
FX:GBPUSD
The weekly, daily and 4h are overall bearish, with price having retraced to the Daily key resistance area in confluence with the 50% Fibonacci retracement level. entry is based on the 1h bearish engulfing candlestick at daily resistance and also a break of bullish countertrend, retest and bearish engulfing candlestick structure on the 15 min and 30 min...
FX:USDCAD
weekly bearish, daily bearish, 4h bullish, 1h bearish, look for sells below 1.34215 as the probability of the daily and weekly continuing its bearish run will be high
FX:GBPCAD
The daily, 4h and 1h timeframes are bullish and in sync with each other, hence it makes sense to look for buys. Price has come to retest at 1.71010 Daily support. I will be looking to buy at that area should it hold as support during the London session.
FX:USDJPY
Overall structure based on the daily and 4h is bearish. price broke countertrend structure on the 1h and made a retest to the new resistance area. Entry is based on the bearish engulfing candlestick the the 30 min timeframe
FX:GBPJPY
Overall structure based on the weekly, daily, 4h and 1h, hence i have a bullish bias on GBPJPY. Price was countertrending and eventually broke and closed above 187.275 1H key support area and also broke countertrend structure and made a retest what is now 187.275 1h key support area. a bullish engulfing candlestick on the 30min and also a double bottom...
FX:USDJPY
Overall structure is bearish on USDJPY. Price broke below 147.553 daily support and retested as 147.553 daily resistance with a bearish engulfing candlestick on the 30 min being entry confirmation to continue bearish bias
OANDA:NZDJPY
break above 89.604 weekly resistance and a retest on what is now 89.604 weekly support on an overall bullish trend on the weekly,4h and daily. the bullish engulfing variation is my confirmation to continue my bullish bias.
OANDA:NZDJPY
break above 89.604 weekly resistance and a retest on what is now 89.604 weekly support on an overall bullish trend on the weekly,4h and daily. the bullish engulfing variation is my confirmation to continue my bullish bias.
FX:GBPJPY
Overall structure is bullish on the weekly, daily 4h and 1h. Price broke the bearish countertrend structure, making a retest on the 1H 185.247 support area. I am anticipating a push to the upside until around th3 186.438 Daily resistance area
