Frico_NR

Frico_NR

same story the market broke over the support and retested it as it turned into a resister at the golden zone from the Fibonacci retracement level 61.8

Frico_NR

THIS one is straight forward its a break of a support area and now it retraced and the supporter turned into a resister straight at the golden zone of Fibonacci retracement (61.8) and we are looking for a nice long sell

Frico_NR

THE market was just creating a flag pattern and the flag supporter of the trend has been broken straight at the golden zone of the Fibonacci retracement level of 61.8 now is up for retracement and trend continuation. Going to sell because of trend breakout and Fibonacci retracement level

Frico_NR

THE MARKET BEOKE THE INNER TREND LINE THEN TESTED AND RESPECTED THE BIGGER TREND ON THE SUPPORTER THEREFORE WE ARE LOOKING FOR LONG OPPORTUNITIES

Frico_NR

THE BROKE OF THE CURRENT SUPPORT CONFIRMED THAT THE UPWARD TREND IS FINISHED AND A NEW DOWNWARD TREND IS ABOUT TO START

Frico_NR

THE MARKET TESTED THE RESISTER AND RESPECTED IS NOW BACK TO TREND

Frico_NR

THE MARKET CAN GO EITHER WAY FROM HERE ALL YOU NEED TO DO IS TO REACT TO THE ACTION DONT PREDICT

03:05

Frico_NR

PLEASE COMMENT AND TELL ME WHAT YOU THINK BECAUSE THIS IS HOW I SEE THE MARKET A SELL OPPORTUNITY BY FOLLOWING TREND

Frico_NR

THE TRENDLINE HAS BEEN BROKEN AND THE PREVIOUS SUPPORT TURNED INTO A RESISTER WE ARE EXPECTING A RETEST ON THE RED RESISTER AND GET IN WITH A SHORT

Frico_NR

THE RESISTER HAS BEEN RESPECTED AND THE MARKET FAILED TO BREAK THE DOWNWARD TREND SO WE ARE LOOKING FOR A POSSIBLE TREND CONTINUATION FOR BEARISH

Frico_NR

THE UPWARD TREND HAS BEEN BROKEN AND THE RESISTER RESPECTED THEN BROKE THE SUPPORT AND TURNED INTO A RESISTER WE ARE WAITING FOR THE MARKET TO GO DOWN AND TEST THE 1D SUPPORTER

Frico_NR

THE GBPUSD JUST CREATED A CORRECTION WAVE AFTER A TREND BREAK-OUT THEREFORE I WILL ALSO BE LOOKING FOR SELLING OPPORTUNITIES WITH CONFIRMATION

Frico_NR

The weekly trend is an upwards trend but the 1day and 4h trend seems to be heading up but in the first two days it's like the market is going to test the red weekly trend support and head up for trend continuation