


ForexFien
Once it reaches the 148 level SECURE PROFITS AS THIS IS A SENSITIVE REGION.
Simple descending trend respected - 150 PIPS+ up for grabs
Looking at it on the W1 gives a better picture of whats going on. Its at a W1 resistance at the moment consolidating. Once its broken, then looking for a retest of the M1 downward trend.
Looking for a retest of the next Monthly support. Downward channel allows good swing BUY and SELL opportunities to catch pips.
Looking for a retest of the W1 descending trend. WILL THEN WAIT FOR CONFIRMATION FOR THE NEXT MOVE.
Since the break of the triangle and support i have been looking for a sell signal.
ASCENDING Channel on GBPUSD Looking for it to travel to the next resistance - both the resistance on the channel and the MN horizontal resistance zone.
Looking for a buy will probably wait for the daily close for confirmation of entry. At a resistance zone at the moment, if broken then it will be a STRONG BUY to the next KEY resistance level.
Will be waiting for the daily close. Looking to be a very good signal.
Potential 100 pips up for grabs with this setup. Breakout and retest TP is just above the support of the M1 opening wedge.