Waiting on some confirmation here! My view over this pair is bearish right now and will be looking for this setups. We might see a drop coming soon or maybe a complete head and shoulders pattern! Now we wait!
Any ideas? Let me know in the comments!! Or, join me on telegram, lets chat!! t.me
GBP in all time lows, break of formation trend-line plus a nice support zone formed! Going long here after confirmation in candles for a good entry maybe at 1.1550! keeping an eye on this one!
What you think? Let me know in the coments!!
Also dont forget to join me on telegram if you wish to talk about my analysis! t.me
Possible bearish scenario! Price is consolidating after last bullish push that launched price over 1000pips up! looking for candles to find a good entry near 0.236 fib ! Or price could start a next impulse up so we need to keep an eye here for the breakout above 1.4430 wait for re-test and go for buy!
What do you think?? Let me know in the comments!!
Already in here! Not first time on this position, we managed some pips here a few days ago. we ae near support again, Entering for the long run, small position first, 80pips SL. will try to add more if the analysis turns out to be good
What do you think?? Leave a comment!!
Looking for a continuation down here! This pair has been moving up since oct '19 and found resistance at 114.20 making a double top pattern! Right now price is on 111.80 support zone and we will be looking for price action to confirm that will continue to drop, that would confirm a possible new down-trend! On the other hand if price fails to break this level, we...