BUY BREAKOUT FOR CONTINUATION 1.27+
$GBPUSD DAIlY broke descending trendline and retested on 4hr, bias is bullish!
gotta close below this TL support
at support break opens up further south & RSI bear diverengce
Daily at key resistance lets see if it will sell off from here or breakout
long around 1.3380-1.34 area for another bounce
lets see if we produce a bounce or break it
PRICE IS CHEWING THROUGH DAILY H&S NECKLINE LETS SEE WHERE WE CLOSE
4HR pointing to 159 area in days to come
EURUAD 4HR wait for correction than long off of 382 if confirmed
have to wait for confirmation to sell from either current resistance zone by seeing rejection or higher up next to TL
1HR Break of TL trade but after FOMC
4HR and 1HR look overbought, let it correct first and then buy
weekly support is being held for now might produce a daily bounce before more downside?
trade the 1hr break of the triangle ... something will have to give.. AUDJPY is being propped up by 200sma underneath and EMAs above are the capping it ...
with daily divergence lets see what euro does at chan bottom...confirmation will show the path for trades to come
Monthly Agriculture Fund poor Jimmy Rogers sitting through all this pain... maybe he will be proven right soon though
lets see if this monthly TL holds ... if not CoCo it is...