Market is moving to the completion of a Cypher pattern, this may lead to the retest of the trendline for continuation of the upward move, Brexit uncertainty moves exclusively sterling so if a new poll on Monday gives more votes to Brexit, market may skyrocket!
Very nice long setup here, - Clear breakout of Daily support turned resistance - Candlestick pull back showing this level will hold to continue to the upside - Overall market trend, and a uptrend daily and 4H - Long term EMA is suggesting that we have alot more upside to come from the previous giving us that added confluence that it's a good Buying position to...
The pair is heading towards the 76.40% fib level where a correction is highly likely given the upward pricing trend and the historic fierce resistance at 0.77000 and below - keep your eyes on a buy set up when price re-tests 0.77.
pending order in the area below . if it complete trending up and breakout the trend i will buy in retest
EUR/GBP is pointing heavily towards the downside. MACD is making slighty lower lows, despite the price rocketing. RSI is confirming room to decline (A), bounce (B) and further decline (C). We have a decent trendchannel, with 2 fake breakouts, meaning the 2-try rule is in place (bullish failure), which should result in further decline. Our trendchannel finished...
in up coming i will be looking for short opportunity ... in my opinion buying is above 0.8000 level ... so better is stay in short side ...
Surprisingly strong EUR provides an opportunity to short. Last 3 tops cannot break/touch the long term tops line, providing an opportunity to short. Entry: 0.7395 SL: 0.741 Target: at least 0.735