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We saw a strong impulsive move to the downside after a long corrective phase. We shall now keep watch on what may appear to be a small flag formation before we decide whether we will take more pips to the downside or maintain a corrective phase in the meanwhile.
Share your thoughts and suggestions are welcome! Happy trading!
My focus of late has really being focused on the performance of GOLD. Based on my technical view, expecting to see lower prices in the coming weeks. Share your thoughts, I would love to hear your views
Since March of 202, the GBP has been in a steady upward channel carefully respecting the trendlines above and below. Looking for more upward movement to form a double top before we begin to look for opportunities to the downside.