StephenElikefx

StephenElikefx

Await fomc statement.

StephenElikefx

TREND CONTINUATION OR REVERSAL EITHER WAY, JUST FOLLOW WHERE THE MONEY GOES NOT WHERE YOU WANT THE MARKET TO GO, MARKETS EBB AND FLOW CONSTANTLY.

StephenElikefx

SHORT EUR/GBP,( LONGTERM) POSSIBLE RETEST OF 0.72661, AS ITS A KEY CONFLUENCE AREA.

StephenElikefx

AWAIT TRUE INTENTIONS

StephenElikefx

AWAITING THE TRUE INTENTIONS OF GOLD.

StephenElikefx

EUR/JPY LONG TERM ANALYSIS

StephenElikefx

if we have a failed break of the area highlighted in sky blue, we could potentially see a reversal in play; adding confluence to the bullish flag on the month WE HAVE NOW TOUCHED TREND LINE FOR THE THIRD TIME; AND IF YOUR A SEASONED TRADER I'M SURE YOU KNOW ABOUT THE THIRD KISS OF A TREND LINE fundamentally i do not see how the EUROZONE overall being...

StephenElikefx

if we have a failed break of the area highlighted in sky blue, we could potentially see a reversal in play; adding confluence to the bullish flag on the month WE HAVE NOW TOUCHED TREND LINE FOR THE THIRD TIME; AND IF YOUR A SEASONED TRADER I'M SURE YOU KNOW ABOUT THE THIRD KISS OF A TREND LINE fundamentally i do not see how the EUROZONE overall being...

StephenElikefx

BOURBON DYNASTY

StephenElikefx

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StephenElikefx

Visually you should be able to understand this simple analysis, a break and a close below 6501.96 will see me enter a short either a signal on the daily or weekly ( i will do a full analysis break down explaining the whats and why's later)

StephenElikefx

SIMPLE ANALYSIS OF EURGBP, WE HAVE A VERY STRONG SUPPORT AREA AT 0.77502, WHICH HAS BEEN HOLDING SINCE MID 2008, SO BASED ON HISTORIC DATA INFORMATION IF THAT LEVEL DOES IN FACT HOLD AND WE FAIL TO BREAK BELOW IT, WE COULD SEE A REVERSAL IN THE OTHER DIRECTION, FOR ME TO GO LONG, THERE WOULD HAVE TO BE A BREAK OF 0.79076 AND POSSIBLE RE-TEST AS IT'SA KEY LEVEL...

StephenElikefx

overall trend is bearish, but we have been raging for a very,very long time also failing on multiple occasions to break below around 0.73406, only if we can break below that level would be a continuation of the down trend taking a short, for me to go long we would have to break above 0.79925(break, re-test continuation) PURPLE BOXES ARE TARGET ZONES

StephenElikefx

simple care free analysis, pure price action and 2 ema's, anyway we'be been ranging for around six weeks now, so essentially a break out is inevitable, which direction is uncertain but seeing as we're already in a down trend likely the break out will occur to the down side.

StephenElikefx

SIMPLE BIAS, BULLISH REVERSAL, HIGHERS HIGHS AND HIGHER LOWS ON MONTHLY, TREND LINE BOUNCE.

StephenElikefx

Higher highs and higher lows on the monthly, clearly we can see the market has obeyed this this trend line for very long TIME, we have many confluences to support a reversal in this pair.