Expecting price will go lower AT LEAST MID BB because it rejected TOP BB. Extreme Buy also occurred as we can see MA is above BB.
In H4 we see Direction Candle appeared recently giving opportunity to trade once the price go to the Resistance Mirror. Please be careful as we are now trading against the trend (Uptrend). Potential target is at Low BB if Solid Direction Candle appeared. Else, just till at the mid BB.
This Pin Bar signal has occurred last week. It appeared at Resistance Mirror Daily, Weekly and Monthly indicates strong sell signal. Expecting price will continue lower to find next support.
Inside Bar formation has occurred in Daily TF near Monthly Support Mirror. By following BBMA Strong Sell Momentum on the Red Circle, expectation price will continue bearish to find next support level. But please be careful as the price is currently played around Monthly Support Mirror and Weekly Support Mirror.
Inside Bar signal has been breakout recently near Weekly and Daily Resistance Mirror Price will likely will continue downtrend to look Support Mirror
An appearance of inside bar giving us the opportunity to trade. However this inside bar formation for me is quite dangerous to do a buy entry as it occurred at Resistance Mirror for Daily, Weekly and Monthly. BBMA Signal indicate that the pair have buy momentum and give buy opportunity at Support Mirror recently. I would like to anticipate short at break of this...
Inside Bar has occurred recently at Daily and Weekly Support Mirror giving an opportunity to buy at break of Inside Bar. Price will likely to find next resistance. Be careful because Monthly Support Mirror has not been tested yet. Last BBMA Daily Signal indicate that price have a strong sell recently (Red Circle).
Inside Bar Breakout shows the price have bullish momentum to touch next resistance. But we need to be careful as in BBMA, this IB was existed in Resistance range of Monthly MA Mirror and near Weekly Resistance MA Mirror. In the Red Circle indicate a Strong Buy signal in Daily which brings Entry Point Buy in MA Mirror recently. My Opinion, this pair is still in...
Market: GBPUSD Trend: Daily Bullish Resistance Level: 1.27519, 1.31963 Support Level: 1.23368, 1.22044 Price Analysis: Inside Bar, Shadow Overview: An inside bar occurred. Market is confused where to go. The price actually is in the support area which is at the crossed EMA. The candlestick showing a long lower shadow indicating that the buyers is trying to...