Sterling is expected to weaken after the GDP release as technically it's trading near a reasisitance trendline of a channel
Target reached as analysed, price at point of interest, will it bounce or break? The answer will unfold
First target hit $1780 from our previous long setup 400+ pips caught
Sells expected on the pair to complete the structure, further sells may also be seen should it break the structure further downside
After breaking the flag TL a pullback at 11880 is expected then shoot up again
Possible buy after a 3rd support TL touch & a bullish flag could be forming Hit Like if you agree Follow for more analysis Comment with your thoughts... Let's trade!!!
Possible inverse Head and shoulder on the pair still looking for confirmation
Sell setup expected on Eurnzd pair sl and tp indicated above
Gold at entry point now which is the W formation neckline target $1765.00
After a W formation a retest to the neckline usually occurs more entries by the neckline
After retesting 1730 a W formation was seen and this is the expected move, a retest to the W formation then more long entries
Gold expected to rise target being 1800 Good entry at the neckline reversal for the W pattern
Inverse h&s is expected. Righ shoulder should begin to form with H4 showing bull engulfing candlestick
Target $1578 Sl 1660 New LL(continuation) expected from the down trend
Sells knocking until 135.50 to complete a pullback before aiming for HH