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GBPUSD SHORT POTENTIAL HEAD & SHOULDERs PATTERN IS ALMOST COMPLETE, WAITING FOR A BREAKOUT OF THE NECKLINE TO EXPOSE A CLEAR SELLING OPPORTUNITY.
My idea of the WTI on H4 timeframe is that, i think the price is currently forming the second ascending wedge within the trend. There is higher possibility of a breakout at the bottom of the wedge which will expose a good selling opportunity. BIAS; SHORT
USOIL WTI CRUDE H4 TIMEFRAME BIAS: SELL, There is a breakout from the historic price level, when you look closely on the H1, Potential head and shoulder has been form. This current price level expose a good selling opportunity.
USDJPY H4 timeframe, waiting for a breakout from the range bound and I will enter for a SELL.
On the H4 timeframe we can clearly see a reversal candles. When you view it from the Daily timeframe you will see that it has reach the resistance and this confirms a strong selling position.
Looking at EURNZD just tested the support level and from the the H4 timeframe it clearly show a buying position till the next resistant level around 1.6732
Looking at the daily timeframe, it clearly shows a good selling opportunity.