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GBPUSD > Head and Shoulders, Waiting for A Strong Breakout!Analysis of #GBPUSD The GBPUSD formed a bullish head and shoulders pattern, as you can see traders tried to push the market to break the neckline but failed to do so. we can still expect the market to break the neckline, but it needs a fundamental reason, good news from the UK, or the FED tomorrow. if we break the neckline resistance we can expect the move to continue up to test the next resistance level, that's why I will look for trend continuation entry. _ _______________________________________ 💭 | Comment your thoughts below, I always answer. 📥 | Feel free to message me if you have any questions. Thanks for your continued support!
Long
by TheTradersAvenue
11
EURUSD > Still Looking for A Sell Entry!Analysis of #EURUSD EURUSD is still facing pressure to the downside after the recent ECB meeting with no clear direction, this week we have a busy week, FED meeting, and half of SP500 reporting this week. it's a heavy week. I am waiting for a small sell near the structure resistance level, also strong downtrend will provide a strong zone for sell if the rules are met. _ _______________________________________ 💭 | Comment your thoughts below, I always answer. 📥 | Feel free to message me if you have any questions. Thanks for your continued support!
Short
by TheTradersAvenue
1