Long in between weekly demand and supply zones. RSI recently dipped into oversold territoy.
I only short this because it's below the 4 hr 50 ema
Double top, below 50 & 100 ema, upward trendline broken, Risk reward is nice.
This looks like it'll at least correct in the broader uptrend. Confirmation to short will be when stronger uptrend breaks.
If it dips into the daily fib retracement of .5-.618 (green area), I'll start buying!
The only reason why I think this may be bullish is because I'm generally bullish on EUR and somewhat bearish on JPY.. also this high keeps getting retested. This is a long shot... what do ya'll thank?
Mark me if I'm wrong, but this looks like a breakout for oil... Not entirely certain since USD is at 1 year lows and perhaps will reverse upwards putting pressure on commodities. If this does correct to the green box (fib .5-.618) then I may take a long position here.
looks like this will go up to yearly resistance. Also, GBP looks a little weak with some other pairs such as AUD