avionnieah

avionnieah Updated 

I took a GBPUSD Sell @ the 1.2125 quarter level - despite the bullish push during London, price failed to break above the last high on the 4hr

avionnieah Updated 

GBPUSD closed below the 1.22 pysch level on the 4hr chart during London session and has been consolidating at this level on the hr chart. Keeping in mind it is still in a weekly/monthly downtrend, I'm going for a sell to the daily trendline, with TP 2 being the next quarter level.

avionnieah Updated 

Looking to enter once breaks breaks and retests the 1.36 psych level to the downside Confluences 1. Equal highs on higher time frame (4hr) 2. Price currently trading in 61.8% retracement zone for higher time frames 3. Bearish Trendline 4. Price is trading below the 200 and 50 EMAs on daily chart Traders comment your opinion on the analysis below Press like if...

avionnieah Updated 

GBPUSD had a clear rejection of the 1.39 level yesterday with high bearish pressure. A HL (higher low) was created with rejection of the 1.3850 midlevel on the retracement and I'm predicting a continuation to the downside.

avionnieah

I am anticipating the break of the 1.37500 midlevel and a push through the 10MA after a bearish engulfing candle on the 4hr chart. There was a clear rejection of the 1.38 psychological level during London session this morning and yesterday price failed to close about the 1.37500 midlevel on the daily chart. If the midlevel is pushed through, I believe the lows...