I'm so confident that this will hit, that if it doesn't, I promise you guys I will delete my trading view account. #BigMacIndex
Buy on the retest
Looking for shorts in this area
Major supply zone currently being filled, RSI overbought conditions, RSI divergence, look for shorts in this area.
With NZD profit taking & test of strong demand along with completion of daily correction, this pair should definitely start buying.
Look for longs here
Corrective structure completed last week and provided an impulse to the downside. Now price is correcting after the sharp intraday impulse, let price accumulate a bit higher and watch GBPJPY continue to impulse to the downside putting in new lows.
Many reasons to buy this, but daily just broke weekly structure and is forming a Bull Flag along with an inverted head and shoulders. Look for longs
Price could go on an impulsive move to the upside based on this bull flag. If price breaks back into channel this will become invalidated.
Nice short here, monitor price action on the retest of this level that has been broken on the 4H.
Good opportunity to sell here, price made a reversal pattern and needs to sell to grab some liquidity. Monitoring price action as price approaches this level.
Price is trading in a channel and price action shows reversal signals, as well as 4H RSI Divergence, look for longs on the retest of this structure and monitor price action approaching this level.