Rajomatic

Rajomatic

It should be possible to short this thing now. We've acquired the break we were looking for last week and it has completed the retest phase as well. Currently Price is having issues breaking the previous highs around 0.91400 and has been seen from the numerous wicks. If price continues down, we're looking at a 1:2 RR. Good luck

Rajomatic

Awaiting breakout.

Rajomatic

We finally got the big retest of the trendline structure, now let's see...

Rajomatic

Let it continue to rise, then grab your sell upon confirmation you ar okay with. The 4 hour chart should provide a better view if needed.

Rajomatic

I've already provided my thoughts on the chart. Let's see if it came true or not.

Rajomatic

We might not get all the move we are hoping for during this week but let's see.

Rajomatic

Price might look to retrace upwards during the first sessions then travel downwards in the channel.

Rajomatic

Price is currently retesting structure so we shall see what happens next.

Rajomatic

Following the channel for now unless there's a breakout, maybe during London session.

Rajomatic

Last week there was a nice rejection to the downside but we'll see if price can finish what it started and continue upwards after that.

Rajomatic

Go with the trend or be crushed under the pressure. It's as simple as that.

Rajomatic

With Gbpjpy going up also, there's no reason for Gbpusd not to follow. Both are closely related after all.

Rajomatic

A potential breakout can be seen. Possible short to horizontal line for 1st take profit target.

Rajomatic

We can see price has broken a nice resistance zone, retested and is now looking to go long.

Rajomatic

Just await a breakout. It's quite a simple set-up.

Rajomatic

Price has finally broken through the trendline and now we must patiently wait for the retest. Do not be hasty as volume is low, and always use proper risk management.

Rajomatic

We have a clear break of the trendline and price is currently retesting the trendline. Price might continue to previous high. What we need now is volume.

Rajomatic

This set-up is crystal clear. Await a break and retest of the Support structure and short to next Support area close to the trendline marked below, which has been following price on the daily timeframe.