GBPUSD: BUYWe see the Daily Range continuation after the price movement from yesterday. We anticipate that price will return back to the resistance zone 1.29700 where we will wait for a catalyst that will see price breakout of the range. Kindly share your expectations in the comment section whether the price will breakout of the zone to the upside or reverse out of the zone to the downside. if you can also indicate what trigger, catalyst or chart pattern you are looking out for. Thank you.
Zone
GBPUSD: BUYA range within a range: Anticipating price return to retest the 1.29700 Resistance zone. We have seen a test of this zone multiple times over the last month and it seems to be holding up strong. Once price reaches 1.29700, we will anticipate another reversal. Otherwise, a break of 1.29700 zone will see prices soar to new highs.
GBPJPY options for me after building up pressure here right at a flip zone i see 2 possible ways to go before taking ation...
1) we break out below the sideway move at the moment going into demand at lower flip level before price starts another rally
2) we break above the sideway move at the moment just to pullback andretest the break out area and start the rally
so i will take action when we arrive demand or pullback after a break out above the range
cheers
Short position-Triple Top Resistance zone.Hello everyone, i noticed that FX_IDC:AUDEUR has reached the resistance zone between yesterday and today, and this is clearly a strong short signal. Also BB% are extremely high for continuing the uptrend oscillation, and this is the confirmation of a bearish pattern incoming.
Happy trading to all!
Aud Cad 2nd Daily RetestAud Cad just touched for a second time a flip zone which was already a point of a drop ...can we see a second reaction now...
depending on daily close i would consider a short position here..
Plan B in case of a clear upward break we look for retest of flip zone to get into a long ...
I prefere the short for now ..
have great Hallllloooweeeeennnn everybody ! keep it spooky ;-)
USD/CHF RETRACE AND LAUNCHAfter breaking this daily significant ascending trendline we are just looking for a entry point on US dollar/Swissy pair which would be the best one if this pair retrces to fibonaci golden ratios which correlates also with a resistance zone. Also weekly timeframe looking extremely bearish with a clear rejection of fibonacci 61.8 and 1.000 key zone.
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