The GBPUSD pair is on a long term buys. The price action needs to be complete first before major decisions are made on this pair. I am waiting for a double bottom and a push to the upside, we might have completed our corrective phase and jumping to the impulsive phase
If the price breaks out of the resistance then we are pushing to the upside, then if we are touching the R and come down, i will then exit to my 1st target
I am seeing a short position, this trade is subject to retrace to the imbalance level
I am a bit puzzled about what i am seeing on this pair however, we looking forward to the information that the market will give us.
I have re-worked the DXy due to constant concern on why the pairs are not behaving in the manner in which we expect them to, i then discovered that it is because i have not worked my DXY correctly hence all this vice versa of correction and impulse moves
Please do share your sentiments on how you see pound doller as i have predicted the move with smart money.
What are your thoughts on this index, I saw imbalaces being respected
There is an imbalance that needs to be respected then the price will shoot downside for the next coming 3-4 weeks on Nas100
Going to the upsite after the retest, we saw the inverseve head and shoulder
A push to the down-side from both major and minor pattern
Bull flag on a higher timeframe yet having a structure that confirms a bear for a moment
We have been holding from march till now
Either continuation or drop to the downside after the double top