Careful, we are in a consolidation phase . If the price break the support, we expect a downtrend. 1° Op.: Entry: 0.96585 2º Op.: Entry: 0.95769 SAME TARGET: 0.93925
Wait for the price to confirm the break out to buy. TP1: 1.3635 TP2: 1.3803
Nov 9 2015: BEARISH GBPUSD 4 Hour; Price break and close below support (Analysis Based on 4 hour chart) Observations 1. Price re-enters long term down channel; 2. Price has broken short term up channel 3. Price close below SR zone 4. RSI oversold 5. Price bouncing at down channel mid point NOTE: Wait for price action to confirm the importance of this level. If...
Down Trend Setup If Didn't Break Its Sweet If Break Continue Up Trend Until New Release... I'll Update Once Its Properly Formed !!!