Harry_P

Harry_P

CADJPY looking like a bearish flag however it could be argued that there is a pennant forming making it bullish After a long crash in the past few weeks we could look for some relief after the JPY economy has rumors of a recession. Lets see - not trading

Harry_P

Looking for another trend touch to create the lower high on the daily then hopefully Upwards from there. If not it may break the strong support

Harry_P

GBPUSD is looking like it's going to retest the resistance as pointed however from this we are unclear as a head a shoulders seems to be forming on the daily. Looks long for now making higher lows and higher hights, might wick down to retest resistance and form a higher low watch out for fundementals not trading just watching

Harry_P

The daily candles are holding higher lows meaning the resistance seems to be holding, gotta wait for the daily to close to make sure it does not break but on the lower time frames its looking bullish already My bias is long, lets see

Harry_P

The support of 1.2250 seems to be holding well and looking like it's bullish enough to retest the zone it has broken last week. Quick scalp anyway

Harry_P Updated 

It has hit resistance but im thinking next week it may come back and retest and break maybe, higher lowsare being formed but because of brexit uncertainty idk Not treading just seeing the result

Harry_P

Lots of different scenarios could play out in the next few hours. Im bias on a break above the descending channel as the lower trendline has held very well 3 times and some normal resistance is holding well too so it will break at the support if not before

Harry_P

Looks like the top channel has been tapped and some strong resistance, im a short of 0.01 lot size up like £6 lol Hopefully going to retest the ascending channel prob wouldnt trade this pair tbh but unless you risking like £1

Harry_P

Another symmetric triangle forming, my bias is it will break below the trend line as there seems to be a head and shoulders forming. Got the last break pretty much spot on just didn't take the trade :\ Lets see

Harry_P

We have a symmetrical triangle forming on the descending channel so this looks like an interesting scenario, A good setup both ways regardless Im predicting it to break out above the channel as there is a small area of uptrend resistance taking place that is holding well and looking like it's going upwards. Monitor price action if it break down below then this...

Harry_P

GBPUSD has been bearish after breaking the ascending trend line and has had a strong move downwards, It has now formed a new descending channel and is currently tapping the bottom. Is it time for some consolidation? NFP Coming soon so this could potentially see a big spike from the huge amount of unemployment Not trading this just sitting and watching

Harry_P Updated 

Broken the trendline, seemingly broken the trend and rejecting the retest as well as creating higher lows, hoping for a quick scalp

Harry_P Updated 

Touch of the descending trendline, looking to bounce back to the top Will probably monitor when it is near the trendline. If i see it bouncing off the resistance I will close Short trade, not risking much Looking to move stop to BE soon providing we are up

Harry_P Updated 

Potentially a bullish flag forming unless it breaks below the trend line . A quick trade lets see how it goes

Harry_P Updated 

GBPUSD Looking like its coming up to a critical area and being squashed against the resistance. Expecting a short position after it makes a lower high in the trend-line. Also expecting a possible outbreak of the upwards trend so wait for confirmation

Harry_P Updated 

Trend line has broken the downtrend and bounced off the area of support that is holding very convincingly. Price nearly stopped me out like 1-3 pips away 2 times Coincidence? I think not.. Good stop loss placement... I think so 😎 jokes just got lucky Looking for a long but the state of the EUR economy is pretty questionable keeping a tight SL and hoping to move...

Harry_P Updated 

Price has broken out of the descending channel and plent of upwards room on the daily, USD looking to weaken however because it's a friday just doing a quick scalp see if price can get to tp if not i'll close for whatever profit I have

Harry_P Updated 

Currently in the trade 70 pips up, looking like a reversal in the daily so good chance of some downside. A bearish flag has been formed and broken as we speak so this could look good all the way down to 112 for the moment but I will reassess if I think there is more downside to come later on. Another 80~ pips to be had MAYBE