above 8 21 a breakout above pitchfork and retest Price is above the weekly support level
Price has rejected the resistance (dotted lines) and has fallen bellow the trend line. Price is moving below 8 EMA and 21 SMA Price retested the trend line and going down ATM GBPUSD ANALYSIS - BEAR
ALL time frames are showing bear signals.YEP all of them! We drew major key levels on weekly and monthly charts based on the western chart. Own the chart to change the timeframe. Price is pushing towards the median line of the slope. Which it does plus 70% of the time. Price is below both 21 MA and 8 SMA. Go to our Instagram for Wedge Analysis! 45 PIPS...
USD : Consumer Confidence, 10-year treasury yield, RATES, Homesales CHF: GOLD
U.S Dollar maintained to hold high yesterday even though the market was closed(Memorial Day) That shows that without much cash flow in the market, Dollar still is powerful. SHORT 1-3 Risk Reward
Wait for the close above the pitchfork!