4H- consolidation zone broke out one more time, approaching last week's high, upon retest, we can add second positions. 1.800 needs to break for further entries.
Additional entries, consolidation zone breaking out, weeks high re-rested. 1.7950 can still reject, be cautious on that.
This is my GA outlook for this week. overall bearish imo but will be seeing buys most likely to start the week. HIDDENVAULT🐺
1.800 needs to break, missed 61.80% entry at London open. 15 min entry.
Monitoring as we approach supply level on GA, London volume for a push through red box level as shown on chart! Tight SL as we might reject and return below supply before pushing up
Possible breakouts identified, study well and comment your observations, and if you find it help kindly drop a like. thank you Remember follow you analysis
CONFLUENCES: - Rejection of 50 EMA - Rejection of 78% Fib levels - Break out and retest of the larger pattern - Spinning top formation signifying a reversal - Bullish market trend confirmed by EMA crossover
This is my analysis for GA's price this week. Leave a comment if you liked this analysis. If you have any other thoughts leave them down in the comments and support with a like. Thank you!
FX:GBPAUD CONFLUENCES: - Rejection of 61.8% Fib - Rejection of 50 EMA on daily & 4Hr - Bullish market structure confirmed by EMA crossover and HH formation - Break & retest of the previous downtrend