EURUSD - 2018 Upside ? (Wyckoff)The Wyckoff cycle is a well-known price cycle that is really powerful. In 2 years of trading, I never saw anything that close to it, at least not on a higher timeframe like the daily timeframe . It is clear as day! That being said, could we consider an upside continuation for 2018 ? USD would continue to lose value, pushing the price up? EUR would go up as well?
I'll publish the Wyckoff cycle in the update section.
Consider it, and tell me what you think in the comments.
Happy holidays to everyone who reads this!
Wyckofftrading
$GBPJPY for BearishOANDA:GBPJPY
$GBPJPY , Selling pressure is shown since 15 Sep'17. Great Weakness also shown at 25 Sep17. the pattern is making Trading range here. I am shorting here first and see if the price can break 149.70 low to confirm distribution pattern after long bullish in 4hrs chart.
Daily chart show that GBPJPY just break the trading range, and that confirm for long term bearish bias, there for I will be more aware for bullish setup rather than bearish.