1. The Market is making lower lows. 2. Bulls are not present enough to push the market higher... 3. lets wait for clear confirmations ,focus more on selling opportunities...
1. Trendline Breakout . 2. Market Structure shift(minor)...The market is now making new lower lows and new lower highs . 3.Wait for clear candlestick rejections on the highlighted zone
1. The market has been making a series of new lows. 2. The market has been failing to create new highs. 3. The market kept rejection the last high twice ,showing a strong level of resistance. 4. Last 4H TF candle shows loss in upward momentum.
Price is creating Lower highs ,Third touch on our Resistance Trendline ...
Third touch on our STL ,We have a symmetrical triangle, the market keeps testing the Trendlines .
The market gave us a clear third touch on our Resistance Trendline,and also giving a rising wedge which is another confirmation for a downward motion.
Price Broke our Support Trendline and also retested .Look for sell opportunities.
Price broke our Support Trendline showing the potential of going down.Lets look for sell opportunities.
Price failed to break the marked support zone,we can therefore expect rise in British pound.
Price rejected to break the Support Trendline and also My support Zone
The pair has reached its end of upward motion and now looking for downward motion
the price seem to leave spikes on the 1.30899 level