Do not know why, but the price action makes me think like this. I hope will be true as the trend is bearish
As we observe the rounding top pattern, the continuation of the chart has to go down. Strength of the USD makes us think as well. Let's see guys, my prediction and analysis is on chart. Good Luck for ALL! 🙌🏽❤
As the falling wedge squeezes at the current situation, and we observe RSI Divergence we hope it will break down or at least test the resistance zone which possibly will make the price go down. All other thoughts are shown on the graphics. Good Luck for all!
All the points have been written on the charts. Strong Take profit areas are TP1 and TP2. Only in case of breaking the upper trend line it is not recommended to sell. All in all, my presumption is hitting at least the lower trend line (blue one) until max. February. Lets see. Good Luck for All!
Rounding Top pattern is observed. in these day if not today, GBPUSD will go down to the point shown with horizontal ray!
GBPUSD formed the Rounding Top Pattern, which is most likely the Bearish pattern. So I am opening position and will wait until at least Take Profit 1. Good Luck to all!
Short Will get to the target point in a few days, if not today.
Rounding top pattern showed itself and already trend gone downtrend. Will continue I hope. Let's see
Abnormal movement of GBPUSD will continue to go up. As the USD news did not show its effects on GBPUSD Properly, will continue to long
If the charts break the upper resistance , retest and go above the green line, then will go to the moon. If the chart does pullback and goes down below the red line, then will fall to the black moon :) Considering the probability of going higher than this point is low, hence, max target would be 2080 USD, and if it hits 2080 anyways it will go down from...
All the target points is described in the charts. Good luck for all the traders!
As the breakout happened in the downside trend. Possibility is that buyers will overgo the sellers during the next 30 day period I guess. Good Luck for everyone
If GBPUSD Parity is not going down to highlighted area, I have to give up forex. It got more than enough of increasing. How many more???
GBPUSD Accumulated short volume. At the worst case it well get to the TP1 target. Which is strong resistance and accumulation zone. Further downtrend can also continue as the chart pattern (red). Good Luck to everyone.
As the double top pattern is shown up. Most probably after the retest, the breakout will happen at the minor resistance level and will go down for a while. Good Luck!
Possible downtrend for next days for USDCAD. As the seller's positions are getting over the buyers ones. If the breakout happens at lower part it is more likely to go down.
The mirror pattern let us to wait for the downtrend. Mostly intuitive< simple and at point. Will got there until 7 th of November, if not until 4 th of it
That easy. Just intuitive. Will break the resistance and go up for a while