Let's see how it goes, but right now it seems that we have a good opportunity to make some buy orders. The reason is the strong support area below. Also the price should make some retests for the resistance area and the last OB.
Currently, we are moving down, but I think there should be a bullish movement soon. Similar to GU. See the levels in my chart.
Currently, the price is ranging, but it should reach important OB from higher time frames. After that, i think the price could make some bullish movements before the next big drop.
I am looking for buys. Currently, the price is starting to reject important Support areas and making new highs. Right now I would wait till the price breaks this ''Bullish break'' area, then my buy would be confirmed.
Hello traders.! GBP/USD could start to move up after this long bearish movement. After rejecting the strong support zone we need to wait till this bullish break resistance is broken, retested and rejected. Then we could start to look for long-term buys.
Currently, I am looking for sells. The reason is recently reached Supply area from 4h chart. I would aim for the second demand zone because there was more volume made.
After this kind of movement, we should see some retracement. Price is showing signs of bull power, so we need to search for Buys. I will wait and see if the price will reach this marked circle. This would be a good area to buy.
Right now it looks like the price will go up till this red trend line from 4h time frame. From there price should continue moving down so when the price is at the trend line keep an eye on price action. If you see rejection then it is safe to sell.
I think the price will go more down for now. My idea is to sell this pair to the level where the arrow ends. If the price will stay below 1.35 area then the more likely price will try to reach 1.34 area, but before that, we have support at 1.345 area. So basically if the price breaks 1.345 there is possibly one more sell. From 1.34 area we need to keep an eye on...
GOLD 1H Chart. Sooner or later gold price should reach 2000 area again , so i would search for buys. Right now it looks price will go up because price made this bearish movement to reach important fibo retracement level from 4h. So right now i would buy till 1950 area, then we need to check price action. If price will go above this area without any signs of...
See my chart for levels. Leave a like for this idea.
See my chart for levels. Please leave a like on this idea.