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Weeklyreversal

GBPUSD - Potential Reversal to follow weekly downtrend?GBPUSD - Rejection or break... Price is currently sitting near the bearish weekly high (Light grey box), I'm expecting price to reverse from here based on PA.. However price is looking strong and and could reject from the quaterpoint and start breaking to the updside... Let's see what today brings, we have EQL highs, triple top (Which probably will be taken out, but if price rejects the quaterpoint I will scalp this long, if it breaks and reverses below I'll take it short. (Ideally I'm looking for a SL hunt/4th hit to the high before price reverses) Whats your thoughts?
by ProFxAI
AUDUSD a head and shoulder pattern? 🦐AUDUSD reached and couldnt break the weekly resistance at the 0.78000 level. The price did not create new highs, lost the bullish momentum and broke the ascending channel. IF the price will break the neckline, according to Plancton's strategy, we can set a nice short position. ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis , please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger. Jan 5 Comment:
Short
by InkyGrip
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