UPCOMING BEAR momentum for GBPUSD Price is testing month level. IF monthly candle close bearish engulfing, that'd be a good indication for bear move coming up price is still struggling to break 1.190 levels so be precautious for short enter at this time wait for price to break that level then enter at the retest
Overall uptrend on daily Price hit DAILY support at 0.95618 then took off from there breaking minor resistance There's no major resistance looking left so the idea is price will be continuing bullish till it hits level 0.10050 Wait for a pullback on LTF to get long opportunity .
Overall downtrend on 4H Price keep making LH and LL Price just broke support zone and now coming back that level 1.5525 to fall back down with strong wick rejection on 4H There's shift in structure on 15m Potential short position when price come up to area 1.54883 Target at the LOW
Price has created a solid double top on daily, dropping back to daily support but fail to hold that level Price broke below strong support on daily and at the same time, structure of the market has formed LH and LL Expect price to come up resistance level 139.097 before continuation down to 133.238
BTC retraced to around 21k and got bounced off from there EMA cross over to the downside Market structure shifted from BULL to BEAR with new LH & LL Price is retracing to resistance level at 19870 so continuation of bearish momentum is expected from here.
GBPNZD has been in downtrend for a period of time until it came to DEMAND ZONE and FAILED to make lower. At the moment price is moving in consolidation and likely to build up as IN ACCUMULATION PHASE. Wait for price to break above the UPPER RANGE with strong bull momentum. Potential 2R reward.
EURNZD has bounced back from major SUPPORT zone and FAILED to make lower LOW Price has been moving in accumulation phase for a period of time before: BREAKING OUT of important trendline and CROSS EMA 50 on 1h. Price is expected to retrace to support level before pushing to the UP SIDE. POTENTIAL LONG AT AROUND 1.66425