here is my simple TA on GBPJPY, Do to a common cold I missed the buying opportunities. So here I wait for another setup which will be sells. Let me know your thoughts.
Here from my TA, I believe oil is pushing for highs yet again. All while playing from the daily timeframe. This is a move that will take a bit of time, My estimate would be after thanksgiving leading into the new week (Monday)
Viewing below on my chart analyst, you can see we are within a important price range for oil to make a high lower to continue this bullish trend back to highs. If price fails we will continue to sell to make a lower low
Here Is My Analyst On Oil. I believe we are due to make higher highs next week. Looking at the 4hr & Daily shows bullish imo.
HTFs show heavy selling structure. I am looking for a retest for entry or an continuation for the selling pressure to continue.
Here I'm in a short position. I only want about 25-50% of the move, I don't know if it'll take a while for this price movement.
We have a nice selloff coming from gold. The Daily candle needs to sell a bit before we turn this into a long position once more. the 4HR is showing a respected trend
Here you can see on the daily TF. The sell has already started after hitting an orderblock, Also on the 4hour TF you can see that the trend is being respected. I see oil going back to highs but first we must "sweep the floor"
This is a classic setup for a higher high killer. We should meet the highs this week.