BXY trade ideas
BXY to continue downwards??BXY found support at 124.5 but we should continue downward movement when it gets to 126.7 area
GBP INDEX - Opportunity buy and hold GBP- Expecting return to Price channel with Real Divergence MACD and RSI.
- 50% for all forecast.
BXY - £ indexSterling index at demand zone
Higher low formed
Doji at demand zone
RSI oversold (4 hour)
SSO oversold (4 hour)
Buy GBP pairs?
BXYWe did the first estimate of the movement correctly.
And in this area, we have to start buying the pound.
BXY forming higher low?BXY could be forming lower high
GBP pairs in decline for 3 months
Bullish reversal?
Waiting for the PoundWaiting for the Pound to show up to complete this corrective "C" leg. I saw life in the Pound in the early week and I expect to see some strength really soon. Cheers to the bulls!
Double bottom and inverted H&SBXY is making potential double bottom and inverted HnS - this could be a start of a new epic bull run. Are you ready for it?
BXY As we expected price reacted to the Resistance area.
look for probability of the next scenario on GBP chart.
BXY REACH SUPPORT REPARE TO BOUNCEWhat happens, BXY reach it's support, and i believe that GBP will go up in short time.
