The GBPAUD respected our previous analysis. adding more buy to this pair.
We are buying GBPJPY, going with the bullish trend. Although from our last analysis, we were expecting a break of the triangle penant, we buy from the consolidation already.
The market seem to be forming a triangle penant on the H4. And a penant signifies a trend continuation. It's left to the market to do as she pleases. On the daily On the weekly
Expecting a bullish retracement on GBPAUD to 1.89877. On the daily, the market is also respecting a bullish order. On the weekly, price has broken our trendline after three touches but the breaking candlestick didnt closed as an inside bar, no clear rejection from the upside. A close below the low of the candlestick should give a clearer bearish momentum.
We are expecting a bullish week to 1.26454 for the GBPCHF pair. Hope you all are pumped. ON the daily, expect a bullish break On the weeekly, a very bullish signal.
well this stock had a bizarre pattern some time ago and now we can finally see a better picture, making a descending triangle: the breakout of it can give good breakouts to this stock finally :) Happy trading :)