Key Confluences * 1 hr doji after bullish push * Bulls showing signs of exhaustion on lower time frame * Possible evening star forming on 1hr
Key Confluences * 1 HR Push below 10 EMA * Consolidation at resistance zone * 1 HR bullish momentum reducing Trade at your own risk
Expecting bullish momentum from GU Confluences: Rejection of 4HR Support Consolidation @ the 1.2625 quarter level Last day candle printed a HL
Confluences Price crossed the 10EMA to the downside Bearish engulfing on 4HR Last day candle printed bearish
Confluences 15 MIN bearish engulfing on 50 EMA Bearish candle break of 4 HR 200 EMA Break and retest of support level
Confluences: 1 HR cross above 10 EMA 15 MIN 10 EMA crossed 50 EMA to upside Bullish reaction @1.2450 support level Happy Trading 😁📈
Confluences: 1. 4HR H&S Pattern forming 2. Rejection of 1.23 on daily 3. Rejection @ resistance level
Confluences - Price closed bullish for the last day candle, following FOMC - Large inverted hammer on the 4HR chart, also printed on the 10 EMA - Uptrend continuation, HL on 2HR chart
- printed a bearish candle the last hour at the 1.2075 level - has been trading bearish - 30 min bearish engulfing candle and closing below 10 EMA
- Rejection of the 1.22 pysch level on the HR chart - Price fell below the 10EMA on the HR chart - USD is strong in comparison to the GBP - Overall downtrend
Confluences: Price near daily support Previous weekly candle closed bullish 5 min bullish push above 10EMA
GU fell hard back into the weekly downward channel, with it buying during London session I believe it’s ready to sell down to the prior lows. Price is also trading below the 10,50, & 200 EMA.
GU has been trending up on the 4 hr and price has reached the trendline and had a reaction.. anticipating new highs
GU is in a downtrend and has formed resistance around the 1.1825 level which is also around the 23.6% Daily fib level. Going short to 1.1760 near the daily support
Price formed a LH on the hour chart and we are in a overall downtrend. With rejection of the 1.18 level I believe price is headed down
GU is back in the long term channel, and formed a lower low on the hour chart. I’m going for a short to the next week quarter level
GU fell back into the channel pretty strong, but has formed a 4hr support. I believe we can see some retracement before price continues down.
Took an aggressive buy on GBPUSD above the 1.22 level, looking for the continuation.