Risk to Reward = 1 to 3, I see this down as a pullback...so a big uptrend expected. Lets see and hope for 1.27xx!! Wish the best If you follow, please respect stop loss and money management. Thanks!
Lets see if this head and shoulders pattern work!!
A possible reversal till 1.2560/1.2500 with sl 1.2670
Chart pattern and indicators show different thing! It is no trad time for me! Waiting for a clear picture of the market!
I think it will go up after touch 1.24200-1.24, TP 1.2580 - 1.26 Money Management is critical!!
Trend is bullish, but H4 stochastic at high as well. I expect reversal till 12.24/1.2350 area or H4 Stochastic around 50! DISCLAIMER: This is just a practice analysis for myself. It is NOT a signal!
The 30 min/ 1 h chart shows a reversal . Although the long trend is bullish, I expect a pullback till 1.24/1.2350 area. Lets see! DISCLAIMER: This analysis is just a practice for myself! If you want to follow, please consider your money management!
Hello my friend, here is my first job on MACD, I just published it here to save and continue looking at. If you have any knowledge related to MACD, please make a comment!
Expected bullish trend toward 1.2550 / 1.26
My vie on GBPUSD, Bullish till 1.27 and beyond it, with sl 1.2230