MauroAndrade

MauroAndrade

Price is currently inside a sideways range, a rectangle. Contained by support and resistance. There are sell stops resting below the support level. Market will most likely take those stops out, gather shorts to take out the shorts with a long at the order block that is resting below. Confluence of levels as there is a daily support @8717 Also fib 79.0 supporting the idea.

MauroAndrade

Retesa of a broken support turn resistance @1890. Bearish order block clear on H4/H1.

MauroAndrade

I believe we are up for a sell on cable since price is reaching a current range top. Clear bearish order block around the 1.6160 level. also a clear resistance level form weekly and daily charts. GBPUSD has a bearish outlook since market structure is in line with the 9 & 18 Emas on the daily time frame. Big boys are still short in this pair.

MauroAndrade

There is a clear bearish order block located around the 107.20 level. Watch closely how agressively price dropped form that particular order acumulation last week. Also, a retest of the 107.00 level was imminent and issued further weakness. USDJPY has turned bearish since the 9 & 18 EMAS crossed over on the daily time frame. Also, a retracement to the 79%...