High wick, bearish candle on the 4hr
Weekly, Daily, Fundamentals all points to a strong pound
Are we seeing a retracement from the 61.8 back down to monthly support at 135? lets wait and see
Previous daily doji and bounce off the fib suggests downward momentum with a superb risk reward ration....lets see
3 Pin Formation off of the Monthly Support, expecting a pull back...here we go!
Going long with this, expecting a weak dollar with fundamentals playing a big part.
Would like the trend line to be broken first before making any moves, but i can see this sinking fast before rebounding back up
Weve gone passed consolidation phase, continuation of trend, bullish
daily MA till bearish and witnessing a slight pullback before further downward movement.