Fib retracement from 0.50 Fib level Rsi returning from overbought zone
if EURGBP breaks the trend line and closes under it i will open a sell position to 0.81212 area
trade already on, however tp is for 0.742 area .... can still catch some pips
USDJPY SETTING IN FOR RETRACEMENT TO 104.378 - 103.814. my position is open
I'm preparing for a sell on this pair, actually two sells, first is already open and will TP for 1.27962 and if it breaks below that ,level another sell position till 1.26754 However market is very risky and volatile now, trade with care and patience! GOOD LUCK
IF PRICE SHOULD BREAK AND CLOSE ABOVE THE "DECISION POINT" I WOULD BE GOING LONG ON THIS PAIR, TILL AROUND 0.96819 BUT IF IT BOUNCES OFF THE AREA I WILL BE SHORTING TO 0.95075
Please compare with your own analysis.
Head and shoulder pattern formation Trade your plan. Good luck
Head and shoulder pattern formed on 3hrs. SELL Possibility Goodluck
Shark Formation on AUDCAD I would enter when price closses below previous support around 0.98654 SL: 0.98865 TP: 0.98010
* Notice white channel *Balling bands deviation 1 and 2 bound *Pattern formation `Please comment what you think? Trade safe too!
Wedge pattern has formed. Sell The breakout SL - 0.73596 TP - 0.72304
APART FROM THE FACT ITS HEADING TO TOUCH THE OTHER TREND LINE....MACD ABOUT TO CROSS TOO AND DONT FORGET THE RSI TOO GOODLUCK
Wedge pattern has formed, drop coining in soon.....also looking at MACD just about to cross and has below the hits
MACD is about to cross RSI heading Down Wedge Pattern Formed
Watch out for breakout
* RSI is head to top * Macd rejected the cross, * Trade balance news was positive today * Cypher pattern identified
*Wedge pattern formed *MACD about to Cross *RSI heading towards over sold zone, ready for reversal