I'm looking at the daily chart and as expected it moved to the upside for 2 days to maybe take out some traders who put their stop loss at the resistance. I'm not too sure at this point if it will still move up but I think we're on a good start. Let me know what you guys think.
I think GBP/USD will go down for retracement and will complete the "w" pattern and move to the upside. I will watch the price action and will enter a buy. It could potentially break my support and have an extended W pattern. Let me know what you guys think.
USDCHF is a strong buy at the moment according to the screener but I'm waiting for the breakout and a retracement to enter a buying trade. If it goes over the support and did a retracement then I will be entering a short. Let me know what you think of this idea.
Wait for the confirmation, if it breaks the resistance wait for the retracement and enters a long trade. If the market goes down and broke the previous support wait for the retracement and enter a short. Let me know what you think.