I believe the market would continuously drop. If the candle sticks breaks through the box on a downward trend sell. If if breaks through upwards its a buy
GBPJPY has been moving in a downward trend since the beginning of September. You can see the trend on the higher timeframes , on the lower timeframes the market has been going up and down . If you are trading on the 30min the market is consolidating, I personally wouldn't jumped in a short trade unless a candle breaks the support level. if the support level is...
The volume for GBPUSD is very low right now . I am waiting for an outbreak on candle sticks to give me a direction on where the market wants to go . Right now I believe it’s neutral even tho it is under the EMA . Be patient and don’t hop on yet
Waiting for the London session to open because the market is moving slow. I see the market may be going for a sell so be on the look out for that . Right now I am using a one hour time frame to check the 20EMA and it is showing me a downward trends in coming . I wouldn’t hop in yet I am still trying to confirm this before I jump in a trade
The GBPUSD markets is in a downward trend , it is continuously moving slow no major moves. i believe we should just wait until we get that big candle stick to give us a sell or buy