Enter a SELL position from the Third touch of the 4H Down Trendline as well as the Retest of the Broken Horizontal Support
Enter a Buy position from the Third touch of the 1H Up Trendline to Target, which is seen as a Horizontal Resistance
Price broke to the downside from a 1hr Up Trendline as well as 121.985 Horizontal Support, Price has RETESTED back to the Support which is a good opportunity to enter a SELL position to Target
Price is Retesting a Broken weekly Down Trendline , also having a third touch on a 4H Up Trendline, This gives a good opportunity to Buy to target
BUY to target if price bounces from Up Trendline providing support + Support/Resistance zone
Price broke out from a previous Up trendline and made a correction, now price has broken out of the Current Up Trendline as well as the 1.1068 Horizontal Support, a Retest back to the Horizontal Support and the broken Trendline should see price SELL to target.
Sell from the third touch of the 1.1086 Horizontal Resistance, Target should be the 4H Up trendline
Price has Rejected off from the third touch of the 73.93 Horizontal Support, if Price should get Up to the Down Trendline , then the third touch on that Trendline should be a good opportunity to SELL back to Support
Price has broken to the downside from the 1H uptrend Trendline. A test back on the 1.9136 Horizontal Resistance should see price head to the Daily Uptrend Line
A third touch on the Down Trendline was a good oppurtunity to Enter Sell position, nevertheless, the 1.3262 Horizontal Support is seen as a good zone to enter a Buy position back up to the Down trendline, but if price breaks to the downside from that Horizontal Support, then close the Buy position and wait for a Retest to Enter another Sell position to 1.3192
Price has broke out from a Daily Up Trendline and a Horizontal Resistane is seen @ 109.28, a Test back on that Resistance could possibly see price head to Target
Remember from yesterday's analysis 1.2968 was a zone i mentioned to enter a SELL position which is in good profit, now price has formed and Up Trendline on the 4H Timeframe and has broken down from it.... A possible Retest at 1.2903 Horizontal Support should see price FALL TO TARGET, Which is another good zone to Enter more SELL positions.
In the previous GBPUSD post, price broke out from the Up Trendline, but now have seemed to make a correction of that Trendline, the Down Trendline line has been broken so as to that i expect price to get to the 1.2968 Horizontal Resistance, which could possibly be a Zone to enter a SELL position back the the Up Trendline, then we can look for a Bounce or Break off...
Price has broke out to the downside from an Up Trendline providing support, A third touch on the Down Trendline is seen as a GOOD ZONE to enter a SELL position to Target
Price has broken down from the 4H up trendline, 140.65 is seen as a good zone to enter a Sell position to Target .
Price has recently bounced to the downside from the Weekly Down Trendline, therefore I expect a breakout from the 4hr Up Trendline as well as the 74.71 Horizontal Support, a Retest back to that Support should see price head to Target which is 74.02 , I also expect a breakout from the Daily Up Trendline . Keep in touch for more updates on this pair.
Price has broken out of the 1H Down Trendline as well as the 139.74 Horizontal Resistance, A Retest at that broken resistance as well as a Third touch on the 1H Up Trendline should see price head UP to the 4H Down Trendline.
Price has broken out to the downside from the 4h Up trendline as well as the 120.867 Horizontal Support, Wait for a retest to that support to enter a SELL position to Target