ADX is at 34 and there is a W formation on the daily chart. This proves a bullish trend is current and price is heading towards previous ATH. I think we can expect price to break previous ATH levels by years end or beginning of next year.
Triple bottom formed on 4h chart. Looking for a breakout from the triangle formation, expecting today or tomorrow.
Expecting a rise to the .732 levels after the V - Bottom Formation. Short and Long Term Bullish.
GBP/USD may retest previous support line around 1.3715 before plummeting down to 1.365. Overall, I see a downtrend heading towards the major support level of 1.36. Still a newbie! Would appreciate to hear all opinions and / or advice.
W formation fully formed and is now at the neckline for an entry point. If this can continue I believe there will b a bullish push towards the .762 zone. This is my target. I'm kind of new to this so let's see how it plays out!
Rising Wedge spotted. Forming after a downtrend, this is a bearish signal. Price will continue to rise slightly before breaking out of the rising wedge. I believe price will fall near the .75 line before continuing in the uptrend. I'm new to this so please let me know what you think!