sell the breakout of the channel. Analysis based on Cycles.
I think we'll update current low 1 more time.
This is my plan for Friday based on cycle analysis. Later, I'll publish a trade plan for the next week (spoiler: buy).
I expect to see bearish candles for the next 10 days, but tomorrow & Wednesday's news can change everything.
Risky because I don't know what happens this Wednesday: - ADP Nonfarm Employment Change (Jul) - FOMC Press Conference I prefer to close all trades, but I won't.
From now I'm expecting a 4 hours correction, after that - sell.
I plan to sell GBPUSD from 30 July till 01 Sept. 09 - 21 Aug - correction.
This is my first try, BTC analysis based on cycles.
I'm late with this plan, I should sell audusd with nzdusd, but i was busy with BTC.. Sell until 30 July.
I opened a few sell orders. Lets' wait and see what happens