JosephHeywood

JosephHeywood

Everything looks to give this pair a strong buy opportunity with a good risk reward ratio. Lets see if this works as speculated!

JosephHeywood

Price has pretty much blasted through previous pattern setups but has now settled in a sideway movement in a range that has given an ideal shorting opportunity. This has been confirmed in the following ways Crab pattern completion, Bearish Divergence Double top (though with no structure present) Stochastic is in the over sold condition The only negative...

JosephHeywood

I'm showing some interest in this pair especially while the harmonic bat pattern is near completion. I'm looking for price to drop below 1.540 before I go long. Now that all the major news report have been released and factor in to current price movement, its possible with the current strength of the GBP and being in an oversold state while showing bullish...

JosephHeywood

Price has struggled to break the 1.28 on recent attempts as indicated with a triple top. The oscillators is in the day, 4h and the 1h are in the overbought condition. If price breaks the first target I would expect price to continue upward towards the second target where I would look to short.

JosephHeywood

Looking at this pair I would expect a bullish move to around TP2 before continuing on bearish decline. What supports this idea, 1. Price has structure 2. Price has hit a strong level of support and if it holds should become bullish for a period. & 3. We have the making of a bat pattern that would support a bullish move.