CONFLUENCES double trend line touch failed to break the resistance zone rejected of 38.2 Fibonacci level signifying a pullback EXPECTATIONS Move to the downside returning to the 0 fib level and Exponential Moving Average Possible break out of TL moving further down to the -27 fib extension level signifying the continuation of a downtrend Could even see a move...
at very strong resistance on the hourly chart, very similar to previous market structure and patterns. The strong seemingly unbreakable resistance zones along with these previous pattern match, leads me to believe we will shortly see a downwards move for UsdJpy. i believe that not only wil it go down to the nearest support zone and touching the corresponding trend...
eurgbp retesting the trendline and the fib level before dropping down to the resistance zone again, where hopefully it will break and shoot down to the next support zone 23/08/19
GBPJPY RETEST OF TREND LINE AND FIB LEVEL THEN LONG TERM BUY all the way up, hitting each fib level as we go... 22/08/19
UZDZAR SMALL RETEST TO THE MA50 AND THE FIB LEVEL THEN SHORT POSITION DOWN TO THE CORRESPONIG SUPPORT ZONE WHERE THE NEXT FIB LEVEL AWAITS 22/08/19