just confirming my previous idea with a bigger picture
CRITERIA .618 Fib RT of last drop Retest of resistance It may have bottomed because there is a daily double bottom but it's open for retest
CRITERIA 4hr H&S 4hr Bullish engulfing @ support 4hr fib .618 test of last rally cheers!
GBPUSD is looking good for a long though the trend is predominantly bearish. tight stop is advised or stay out until current DT breaks! cheers
classic 61.8 retrace after trend line break
this is the 3rd time this pair is flirting with this zone. This time around I expecting it to drop really well. Wait for candlestick formation before you fire! Always check fundamentals as well! Cheers
I'm expecting the yens to start turning bearish once more. KIWIYEN just recently broke it's ascending wedge. Now i'm expecting it to head south. Most of the yens does the same so you can correlate them and be fine. cheers