Raphael

Raphael

Hi Probability to complete the pattern along with bearish moving and economy news, and GBP has been struggling to reach the previous high level.

Raphael

Flag Pattern shape, with a good risk-reward ratio.

Raphael Updated 

I can see the potential long position of this pair, as we see the price moving within the range and forming the bearish crab.

Raphael

The Price broke a strong resistant area, with a high probability of continue falling to the previous price range.

Raphael

I can see a head and shoulder pattern on this pair supported with the RSI moving upwards coming from oversold with the potential of revisiting the previous price with reasonable risk.

Raphael

If we see a double top here along with weakness in the RSI, it will be a good opportunity for Short

Raphael Updated 

revisit a previous price area that stayed there for a long time, and the price forms the head and shoulders pattern.

Raphael

oversold and lowest price range previously, with a high potential to jump back to the previous high with the lowest risk.

Raphael

The price forms the head and shoulders pattern and revisits the previous price range.

Raphael Updated 

Testing Price last price level

Raphael Updated 

AFTER COMPLETION OF BULLISH GARTLEY PATTERN , WITH ACCEPTABLE LOSS RISK

Raphael

as a completion of pattern formation, expecting to reverse , reach Fibonacci 0.5 level , let's see with 2:1 profit to risk

Raphael Updated 

MY PREDICTION

Raphael Updated 

After completion of bat-pattern ,predicting Fibonacci .38 level test price

Raphael Updated 

it's trend continuation almost to the previous structure and support level

Raphael Updated 

Broken previous structure mostly will reach to the new structure low with high risk of stop loss it's better to sell from the highest point might reach in couple of days

Raphael Updated 

Potential patterns for this pair

Raphael Updated 

Technical analysis 2 weeks ago will this pair continue to the next level?