GBPUSD :
Monthly & Weekly :
- We rejected the Monthly Highs as our indication that the price wants to go down.
- We completed a previous -68 fibonacci as well.
- We broke the ascending trend line very impulsive.
Daily & 4H :
- We see the break of the ascending more clearly as our indication.
- We broke the last daily HL as well.
- We are forming a Bearish W...
Keep in mind that I expect DXY weakness as indication.
Anyway here we go I made a Top Down analysis on GBPUSD :
Weekly :
- We are making clear HH's and HL's on the weekly chart as indication.
- We rejected a heavy weekly supply and demand zone at the 1.34400 region.
- We have a strong ascending trend line to protect the price.
Daily :
- We are making clear...
Keep in mind that I took a long setup on 15/03/2021 I closed it with 1.5% profit and got out at BE. I still expect DXY weakness.
Weekly :
- We are making clear Higher High's and Higher Lows on the weekly chart.
- We rejected the weekly supply and demand zone as well.
Daily :
- We broke the descending trend line .
- We received a previous fibonacci...
Today I share my 1st analyse on EURUSD :
Keep in mind that I expect a weak DXY I made a full analyse on that as well.
Weekly :
- We are making clear Higher High's and Higher Lows on the weekly chart.
- We rejected the weekly supply and demand zone as well.
Daily :
- We broke the descending trend line.
- We received a previous fibonacci completion. (-68)
-...
