aparkon

aparkon

> Three white soldiers candlestick pattern (Bullish indicator) is discovered in the hourly chart. Same candlestick pattern is forming in 4-hour chart as well. (@ 05/23 13:00 EST) > U.S. economic datas have missed expectations. (PMI, Home sales) (Bullish) > 1.266XX area is almost confirmed bottom of the bear trend. (Bullish) > 1.26XXX area is the right...

aparkon

As of May 22 6:00AM Sterling/Greenback formed reverse head and shoulders pattern on the daily chart. If it holds the support (1.266xx) area it may signal the bear market reversal. *IG client sentiment is 81% bull with 4.357 long/short ratio, investors are still very bullish on the pair. Market makers may plummet the pair as the price usually goes against...

aparkon

15 min chart. Head & Shoulders pattern seen. Short term short opp. Could not penetrate 23% fib level. Investor sentiment is still very bullish (83% long, 4.9 L/S ratio) It will most likely reach 1.2668 support.

aparkon

GBP/USD sentiment is very bullish. 4.92 bull to bear ratio (83% long / 17% bear). It will trend downward as more traders are bullish on pair. It will probably reach support @1.26XXX level and bounce back from there.

aparkon

Will hit major support today and rebounce.

aparkon

Technical data indicates short term long opp in the 4-hour chart. The downtrend line is broken and started to form an uptrend.

aparkon

GBP/USD forecast. Major events : GBP CPI (WED 16:30 EST) GBP BOE Credit Conditions & Bank Liabilities Surveys (THU 16:30 EST) USD Retail Sales (08:30 EST)