Reaction to support. heading to resistance and supply zones.
I just posted this because we rarely see these classic patterns these days.
this seems like it's gonna work down at least to dotted black line.
and the classic H&S target is the tip of the arrow.
Sell if price action closed below the black line.
Temporary long on gold to upper target.
1- if red resistance line and lower black channel line breaks, we can hope for the lower green line.
2- and in case of black channel line support, we can go for upper green trendline.
I think we have bears in charge in GBPUSD.
it might go for a pullback but that would be temporary.
Good short potential target if breaking the black line
Break of a trendline and change of a downtrend.
GBPJPY has one upper target.
Obvious resistance lines with 3 potential target area.
Let's see if it keep coming down
I expect a reversal on this strong support level.
We believe the orange box as our target level.
We found one target for long opportunity.
I see signs nzdusd heading up to our target area.
Bullish divergence on daily timeframe
We're going down
Reaction to resistance and I see reversal.
let's see if it meets my target.
Bullish divergence .