Theofylrx

Theofylrx

Short

Theofylrx

Short

Theofylrx

Short

Theofylrx

things ain't clear when it comes to fundamentals but technical analysis still shows GBPUSD falling, even DXY has been consolidating for the whole day but technicals also still show's that its still bullish son with that telling us that GBPUSD will continue falling...

Theofylrx

As you can see from the diagram we are still short...

Theofylrx

So far things have been going well, DXY flying as the Bullish flag that had been formed has been confirmed also GBPUSD falling. Currently on 30 this is how things are looking. so im just waiting for the break of the support level, sell High don't buy low as this is still the point of interest for buyers...

Theofylrx Updated 

Its clear that the support trendline has been broken, so now we should wait for a pull back off which its going to take some time then see if the channel wont break if it doesnt then short we go... I had once posted an idea exactly like this one, you should check it...

Theofylrx Updated 

Is that it ?

Theofylrx

DXY is still showing bullish signs, as it is on consolidation with a bullish rectangle formed on a daily chart, so this means overall is still short for GBPUSD...

Theofylrx

Bullish Flag/Pennant on H1 has been forming for hours , so when its complete suppose the price action continues going up..

Theofylrx Updated 

In a long time week months etc. the chart shows that the bearish pennant flag is being formed by the GBPUSD

Theofylrx Updated 

Bearish Flag formation..

Theofylrx

Bearish Wedge.....

Theofylrx

by the looks of things on the current chart and what the trend has been behaving like, i noticed that from that double top the chart has been repeating the same moves that have been there in the past but now in an inverse way. if you notice where i have colored light grey the chart was in an uptrend then where i have colored light pink its the inverse pattern of...

Theofylrx

preparing bullish trend after inverse H'n'S has been confirmed