tone

tone

The monthly is heavy it will print bearish Failure of 8000 is a major event, even though its a busy chart The trendline is 2 points right now; follow PA on monthly/weekly

tone

looks like bottom has formed ,w1 2 doji in a row ,target could be lower or higher follow w1

tone

but only test that falling tl , gbp aud posted all good see the candle no neg colour I don't think it will

tone

you can wait d1 ,as seen consolidation not 100% that's the tl but confident uptrend $ down or more consolidation downside I don't think another bounce off line lines good imo

tone

you could tighten the stop below the last week low

tone

let this pull back or consolidate its going higher

tone

uptrend 1 step over that high

tone

update this chart from previous now we can see the w1 to be a double bottom it has to close out of range that's one step to far with GBP for me

tone

back to 1.5 or the last high

tone

looking super bullish to me check the w1 a very rare candle off 12 gap down ,open bullish ,400 pip candle on daily its not going back put this w1 candle in association to the long flash wick d1 Maybe this candle we look at will open shaven again obviously your looking up the first h1 also you can check eur gbp w1 if it goes long you could tighten stop below...

tone

at res but could push on according to PA does the aud want to test the tls the major line is right there with the short term line gone

tone

tl has been respected today could be up before down with low max 1.17000 I got from Q chart this would confirm for everyone what the low is lower than my own data where I think a uptrend could start back to 130000 see if this channel holds up with news tomorrow from PM May interestingly shouldn't that candle be green

tone

The data difference gives me different ideas assuming FXCM have the low right then assuming the $ will fall could be a double bottom situ or maybe go lower least we would know a actual number

tone

interesting that although usdx looks like it broke up if you use a more even calculation across the majors there is much more res and no break a red there im going to think US will be down next few months