Grey boxes represent thin price moves Price moves quickly in one direction creating thin moves where little trading has occurred.
Expecting short term bullishness. Into late Tuesday/ Wednesday Will monitor and manage accordingly, trading against my medium term bias (dollar shorts)
Chart self explanatory. However, if price breaks short term range lows before it breaks highs I will not take a trade.
Whilst everyones calling EURGBP top I don't think we are done yet. Price currently at strong level (and big EQ!) I think we can aim for the stops around 0.88.
No sign of kiwi stopping until we hit the 0.75 level in my opinion. Big confluence there. Double tops at 0.884 level but we will most likely see a significant move down to take stops below before we reach for these. Looking for long set ups to 0.75 then will re-analyse
Expecting weaker dollar. Euro (especially EurGbp) does not want to break down so expecting a move higher to take fairly equal highs
All for my records only- not trade advice etc Black lines- Weekly BR Red Box- Mitigation block Blue line- BR Red line - Potential Stops Price has bounced off BR and broken MS on H4 before coming down to H4 mitigation block. Retested multiple times. Potential for higher profit taking