I am expecting GbpUsd to retrace to around the 4H OB marked, then continue Bearish to take out lower levels of liquidity.
US30 Broke L/H on Daily Timeframe creating CHOCH on D1 Timeframe, waiting for pullback into "Discount Zone" to take Long trade.......
-Possible Short Trade on EurAud -Supply Zone Reached -Already showing signs of Rejection on Lower Time Frame
Bullish Bias // Weekly & 4H Key Levels Broken // Missed Entry @ .618 Fibonacci Level (Looking for Retrace before Long Entry)
BULLISH BIAS// WEEKLY & DAILY LEVELS BROKEN// WAITING FOR RETRACE FOR LONG ENTRY//
GJ BULLISH BIAS Key Levels of Support & Resistance Added Broke Weekly & Daily Key level Waiting For Retracement & Signals for Long Entry
EJ is at a major support level D1 analysis has EJ is underneath the bottom 200 Bollinger Band (bands are contracted) And underneath Hull Moving Average (42) However H4 & H1 time frames look very promising with price action and price above Hull moving average, with Stoch indicator in great position for uptrend. Conclusion: EJ is looking more a case of “when”...
Good day, any thoughts on EURGBP buy or sell.. I’m going with buy. New traders here lol