With sentiment in favour of US Fed rate rise the Dollar looks to stand out as the tallest midget in the room. Sterling weakness with CPI not to BOE required standards...
ULTIMATE FINAL TARGET OUTLINED IN PREVIOUS GBPAUD POST FINAL TARGET = DISTANCE OF HEAD AND SHOULDERS PROJECTED DOWN THIS IS A POTENTIAL ENTRY AND TARGETS
Everything points up in my opinion. Risk reward is good. Just look for confluences and Trade Em'
Way to many confluences for further downside movement.
Time to create a new LL Just look for confluences and trade em
Overpriced, no demand. I'd look at 11 as potential reversal zone Until then i'll be shorting the heck out of this pair.
Waiting for a break and retest of either trend line So far: We've managed to close above previous bearish weeks mid, time to continue with overall trend Closed above MA's Fakeout of descending TL Interesting to see how this plays out Just look for confluences and trade em'
Could this 3rd attempt be the breakthrough of key resistance. Triangle maybe for downside move..? A fakeout of this level may be a downside confirmer...
Looking to take this trade. Possible fakeout? Rejection off 61.8 Break of Ascending TL would warrant this short to Mid of Bullish marabuzo on 4hr Especially with unemployment claims due out Risk rewards 1:3 Just look for confluences and trade em
Heavy support at entry. After that its 0.62 200MA is nearest significant resistance. Just look for Confluences and Trade Em'