Technically looking the price of this pair, we can that using the elementary trading skills of break-out and retest. the price has retested two major trendlines. I may have not shown them on the charts but on four hourly charts they are visible. now we are looking forward for the price to fall in order for it regain momentum to be able to push to the upside as...
We took a short on MRNA in the high 300's or so and now Moderna is in the mid 200's. I'm looking for potential gaps to be filled on Moderna to the upside before any further move to the downside. Possiblity is still there for further downside, although this one may try to get a dead cat bounce in here. Targets : 280 340 226 LIS..
Overall trend is Bearish. Entry in the structure zone aligning with the structure. In the fib zone. entry based on BOS
Breakage of the five-week-old upward trend signals the GBPUSD 's brighter chances of further downside to the 1,2900 round figure. However, the 1.2810-1.2800 horizontal region could contain the pair's further declines. If sellers continue to dominate price movements below 1,2800, 1,2710 and 1,2610 could become their favorites. In the meantime, multiple resistors...