deckyp

deckyp Updated 

Looking for GBPUSD to continue short possibly down to 1.23075

deckyp

Price action was trading correctively within an ascending nature, which suggests that the bullish momentum cannot be sustained and that price action can create a bearish move at some point. Which we are currently seeing. Looking price to retest around 146.000 before looking for shorts

deckyp

Price action was trading correctively forming a descending nature. When this occurs within the market, it suggests that the bearish momentum cannot be sustained and that price action may be setting itself up for a bullish move. Looking to see if price will retest 0.62669 before continuing long.