qucik sell on gbpusd. price started showing bullish structure since the bounce off of 1.19350, it met resistance at 1.21450 broke 1.20750 rested 20750 multiple times and broke out of 4hr trendline. quick 1:1 because price might just make a double bottom
price has obvious bearish structure. nzdusd made a head and shoulder pattern and created the head which rejected off the last lower low 62500. price broke the head and shoulder patterns and seem to have just retested before continuing the head and shoulders pattern. price may create a double bottom at 62000 and go up. i aimed for a 1.5 rr to be safe
quick sell. price is coming out of a rising wedge. price did break 142.800 which was last major resistance so it may just be coming back for a retest. 1:1rr
price has been going up since feb 13th very strongly and havent officially retested support 144.000 after breaking it. 146.000 seem to be holding as a good resistance.
If AudNzd creates a doji at this 50 ema then i expect price to head upwards in direction. the 50 ema is acting as strong trendline. Price also just bounced off the weekly 618 fib retracement line. We may see some activity around this around before making its move.
Long taking place now. bullish structure on 4hr tf, also a inverted head and shoulders is playing out. price broke resistance and neckline 1.35400.we also have good ema flow.