Possible buy on GBPUSD.Previous low(1.27282)was taken out as price moved pass the liquidity pool to hit stoploss orders and collect sellstop orders.Will be watching the 1.22000 and 1.20000 price zones and wait to see how the week will close.
Possible signature short trade on usdjpy..expecting price to break out of the wedge to gather more liquidity before dropping..Will be looking for entries after watching how price will move
Possible signature buy trade.Price broke through the wedge to go to the previous weekly low and did a wick fill and was rejected.Anticipating a reversal.W pattern formation on H4,H1 and signature W formation on 30min
Price is now in a consolidation box after forming a wedge likely looking to trap traders.Price will likely break out of the wedge to the upside to trap bullish traders then drop.I will be looking for an entry at 1.31802 with a tight stoploss aiming for 1.31046 as my take profit
Consolidation box breakout to the downside to collect sellstop orders and hunt stops at the lows then go for stops placed at the high TDI Sharkfin formation on 15min timeframe TDI Divergence on 15min timeframe Stoploss placed at 142.390 Aiming for 143.177 as take profit