Nice institutions activitiy in demand zone . Weekly engulfing candle. Daily confirmed uptrend. Now pair could drop lower to POC . Where Im waiting with pending Buy limit. Stop loss below acumulation and TP on 5 years. USD index is in corective move which can support this move up. Join my free telegram channel for more free trading tips straight to your phone....
Supply zone holds. COT- institutions closing longs and adding more shorts. Dollar index is strong. All this confluences tells me this should go down.
Monthlz, Weekly daily up. There is still space going higher to M SZ. Now potential short at H4 TF.
M,W Up trend. Daily we have broken trend line. Now moving sideways between DZ and 20 EMA. I believe pair will still go lower as USD is strong for time being.
Monthly supply will not be so easy to break thru. Bulls will must acumulate more power befor it happend. Corection to 1.18 is in play
Gold still could drop lower as dollar is strong. Look at dollar indes, there will be major corection before and than bye, bye dollar..
One year downtrade is bouncing from weekly Demand zone. Daily strong break thru trend line with with engulf candle. Its good sign of potential reversal. H4 creating HL and HH. I will enter on retest of POC. oin my signals channel - t.me www.facebook.com www.fxhunterea.com
Monthly nice uptrend wekly retesting broker trendline and supply zone created 3 weeks ago. Daily and H4 tiframes move up but without trend structure. That could be only maniuplation price up to add more shorts.
All timeframes from my sequence are up again. Pin bar on H4 timeframe doesnt have enough volume to confim. I can gues its just a tick and market can come lower to the POC and demand area where bulls enter tha game again.
GBPJPY is sitting on Daily demand zone. Bearish engulfing candle broked trend line 2 weeks ago and created new supply zone. Which could be retested now. There could be more orders fille for further short.