GBPUSD LONG PROJECTION Gbpusd Projection Gbpusd Projection Gbpusd Projection
Just a break of structure to the upside, a pretty much simple analysis . You know the vibes
BTCUSD AS SEEN IN THE CHARTS IS ON A STEADY UPTREND AND IS MAKING A PROJECTION LOOK UPTO 40K
TRENDLINE BROKEN AND THE MARKET CAME BACK TO MAKE A PYLLBACK TO THE AREA AND FORMED A BEARISH ENGULFING CANDLESTICK PATTERN
USING ELIOT WAVE ANALYSIS AND THE SUPPORT LEVEL FORMED IN PREVIOS TIME, I THINK MGOLD WILL PIUSH TO THE UPSIDE
As we can see price has been rejecting to break the support for days now!!! And has made another rejection to break the support line to the downside
AS WE CAN CLAEARLY SEE A HEAD AND SHOULDER PATTERN IS FORMING , WAITING FOR MARKET PRICE TO GO BELOW THE SET RECTANGULAR BOX FOR A SELL CONFRIMATION TO THE DOWNSIDE WITH FIRST TP BEING @1800 AND SECOND TP BEING @1769
SHIORT TO THE DOWNSIDE TO 135.614 FIRST TP BEING SHOWN
PRICCE WILL BE MAKING ITS MOVE TO THE DOWNSIDE
PRICE FORMED A DOUBLE TOP, AND IS MOST LIKELY TO GO DOWN FOR A SELLL IN THE OPENING OF THE LONDON SESSION
As we can see the market is on a uptrend forming a rising wedge and at another HL to go for a buy. And also on 1hr we are having the double buttom forming waiting for a rejectin candle ( a pin bar or multiple wick rejection to the down side.