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Price working on 2nd upward leg. Want to see clear breakout and re-test on channel Will check Daily as well

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The Daily shows the risk of sitting in a long trade trade for too long rigth now. We still have more upside to take with just one leg up so far. But we are approaching a tougher supply zone. Further more, the Daily stills shows LHs and LLs. The ongoing leg up is only the pullback on leg 2 from the top with leg 3 yet to be finnished in due course - so one...

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I will not add on to longs here. Will wait for pullback See other TFs for more info/options

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See levels on chart Not interested to add on to long here. Wait for pullback and see larger TF Will check Daily and weekly too

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I want to see pullback shortly and will wait to re-enter this trade long

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Clear upside target with a whole lot of potential. 2 more charts posted for more clarity

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Current bar is a pullback on leg 1. Possible re-test for breakout of channel with a lot of upside potential..or .. this trade will range again as it loves to do before that happens. See daily chart for more details

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See levels on chart and previous 2 posted charts for more details

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Price working on 2nd leg upwards just bounching off demand zone. Had to measure previous legs to the left in order to get a target. This since ongoing 2nd leg is far from complete.

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Waiting for three options for this one to take off higher. 1. price will head down to complete 2nd shoulder on H&S and bounce. 2. Price will complete 2nd tap into demand zone and be rejected - completing the foundation for a range - which in turn will break out on the 5th. 3. price to break higher (through supply zone just above ) and starting the 2nd leg...

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Price has hit 2.618 on the 60 min. Now it would be nice for a good pullback in order to get in again. See 3 options to re-enter short as we should see 3 legs moving upwards. I see many here want to play this pullback - it is however risky business doing so - stay with the trend until it no longer is your friend

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See chart for details Will use 60 min to see if I can add on to this short again

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See chart for details and chart 2/3 and 3/3

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Current levels to watch in order to buy in again and to set a decent stop for a medium/longer term trade. This is chart 3/3 see the others for more info

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This is as good example if any on BOJ interference Dont see it,, well the price has shot way past fib 2.618 and just keeps on going. and there is not much stopping it from going way higher (see weekly chart) See lower TF chart in order to buy in again and enjoy the ride

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All things comes to the ones who waits There is a reason why real pros only trade the daily - no need to chase and the chart says everything. This one is heading for the sky but we now need a good pullback to buy in again. Price now approaching Supply zone and we need to see the 2nd leg pullback in order to then see full upside target

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Strike 3 chart 3/3 GBP either needs to break and clear below demand zone to head for 1.618..or it will bounce and head higher. If it does then needs to clear upside zone as well. As stated 3 times now..watch and wait for clear direction.

FOREXEL

Ok while the Weekly chart was a no-go for any trade the Daily chart has brought some but little clarity. GBPUSD looks to be heading towards the demand zone and possibly the 1.618 target. The risk with this trade is that as on the weekly it is choppy with both HHs and LLs. Be careful