Trade will respect the 1hr trend.
Aiming for 1.30500 here
GBP LONG SELL
Looking at a change of trend here. Price could fall down to next monthly level around 200 pips down
Again using s & r levels from the daily chart we can see it has bounce of the strong support at 0.93880. We are making higher high and higher lows. We have moving average crossover which signals change of trend aswell.
We have bounced of daily resistance, we are creating lower highs and lower lows. Ma crossover on hour 4 chart and inverted hammer last candle.
Potential sell here on EURAUD, Looks like a clear rejection of this supply zone. Coule be looking at a nice 3 bar candle reversal aswell.
Long rejection wicks, mas have crossed over signalling change in trend. Price has retested the mas and been rejected several time. Hammer candle in previous 4hr.
Here we have a clear rejection of this resistance. LLLC and MA crossover. We have retested the MAS three times and rejected aswell. I expect a fall over the next few days for 80 pips.
Clear bounce of this support as we had at the start of June at the same level. MAS have crossed on hr1 chart and are just about to on hr4 chart. Looks like a great long term buy.
Clear rejection of resistance, MA crossover and bearish engulfing candle which confirms the rejection. Will be going for 40 pips on this one.