30m & 1H Bearish Divergence. Price currently at weekly major rejection zone. Waiting for structure break and for price to fall under 100 EMA . View related idea for weekly bigger picture analysis.
Daily Finished as a Doji. Expecting this 1H pattern (Falling Wedge) to play out and break back up to upside for possible Double Top Pattern or bullish continuation. At least Back to 16600's.
Continuation Pattern (Flag Pattern) 30m & 1H Expecting continuation to 154.760/154.900
Price currently in a flag pattern on 1H. Expecting continuation to weekly pivot level 154.760 which is also near Daily 61.8% Fib level. Hopefully see some rejection at fib level and prepare for sells later on.
Long Term Analysis Price currently touching Golden Zone of Fib on Daily. Waiting to see how price reacts around Fib Levels. Possibly last push up before breaking Monthly Neckline. Still expecting 2022 to be a sellers' market. Still have to complete the Bearish Divergence on weekly timeframe which also correlates with Monthly "M" Pattern. Higher time frame so...
Doji on Daily. Possible second touch of bottom triangle forming. 15m, 30m, and 4H Bullish Divergence. Expecting price to push to top of Trendline.
Daily - Doji Candle at strong 4H Support area 4H - Bullish Divergence. Although 4H Price action is showing Bearish momentum with big wick and doji candle 30m - Bullish Divergence 15m - Bullish Divergence Using 30m Trendline to determine break out and break lower highs for continuation back to supply zone. See related idea for Daily Pattern
Monthly - Double Top Weekly - Bearish Divergence. Doji Candle Daily - Bearish Engulfing 4H - Near bottom Trendline. Price at Monthly double top neckline. Weekly showing Doji Candle with major wick (bearish momentum). Daily was a full Bearish Engulfing. 4H closed near Trendline. Expecting Bearish move back into neckline zone. Bank of...
Pennant has filled in. Should see a major breakout with news. 4H Hidden Bearish Divergence with MFI 14 Setting. (This Chart is RSI 14). Monthly Double Top with huge Bearish Candle. Weekly Bearish Divergence. 4H Bearish Continuation Pattern. All signs point towards Sellers' Market (Technically).
Daily showing Inverse Head & Shoulder with Bullish Divergence. If JXY plays out this will go hand in hand with GBPJPY Long term Analysis for Sells. View Related ideas for GBPJPY Analysis.
Previous Monthly Candle was a huge Bearish move. Not expecting for price to shoot up. Expecting more of a price continuation. Daily Fib currently around 23.6% 4H Showing resistance and Sell candles forming. If Pound drops it will go hand in hand with GBPJPY Analysis. See related Ideas
Pennant is a lil tricky as far as viewing it. 4H Pennant drawn off close of Candles. Daily Pennant drawn off Close of Candles. (RED LINE) 4H pennant are wicks for Daily Pennant. Either way once 4H breaks bottom Trendline expecting major drop.
Expecting price to be bullish due to 2:00 a.m. Fundamental News. Currently in the process of possibly creating a Bearish Pennant on 4H. If price pushes to 150.750 area and rejects Bearish Pennant will be a strong analysis for me. Price currently at Monthly Double Top Neckline. Personally think all or most of 2022 will be a Sellers' Market due to Monthly "M"...
Bullish Engulfing on 4H & 1H. Bullish Divergence. A lot of GBP news before London Session. Expecting price to return to Weekly Pivot level 151.150 area near 100 EMA.
Expecting Price to return to top of Pattern today. Friday (tomorrow) will break out of pattern. Upside or Downside.
1H Hidden Bearish Divergence 30m Bearish & Hidden Divergence 15m Bearish Divergence Currently making a Double Top/ M Pattern at top of 4H Channel. Expecting price to continue towards 148.300 area. Waiting for setup to playout.
Neutral Analysis 4H has some Bullish Divergence. Falling Flag/Channel Price created a Doji (Indecision Candle) at the bottom of Channel and inside Monthly Double Top Neckline Zone. Weekly and daily finished very Bearish (Full Candles) Next week will wait for confirmation to see if the pattern will play out for the upside/pullback or If price will continue...
Daily Overbought. 4H Bearish Divergence. 4H Doji (Indecision Candle) Expecting next week for price to drop out of parallel channel and at least hit the demand/support level 1.26500. Possibly could drop further but 1.26500 is the first area.