LOL, the price has been ranging for a while which is a good thing(easy range setups). one price is ready to sell it will WHY? because currently price has already created a RISING WEGDE, and what do we know about rising wedges? 90% of the time it's going to SELL. SO my analysis still stands from 4 days Ago.
My Ucad Sell analysis still stands. Ucad is forming a RISING WEDGE and 9 times out 10 is will break out in a sell.
My last Ucad analysis still stands but there is a twist to it, IF price rises above my previous "4h support" then my analysis is invalid, because it would be breaking structure and going into a reversal
since the price is in a downtrend, I believe Ucad will keep selling this week towards "weekly low bb"
I think will retrace creating an M formation/ double top, before selling long-term.
Price will test the down trendline again before selling, thereby creating a Head and Shoulder. in the 4h TF. +the monthly candle is bearish +Price has been on a downtrend.
Since price on point the weekly time frame is on an uptrend. I believe price will retrace towards the “1h resistance zone” before buying longterm towards “daily Resistance zone”
If the price doesn't first retrace towards "4 mid bb" and breaks"4 top bb" then it's heading towards "daily top bb" then retrace on the higher time frame back to the trendline before buying long-term to "weekly mid bb"
I believe price will be heading towards "Weekly 50Ma" for it to retrace on the higher time frame towards the 'red shaded' trendline and then selling long-term towards "Daily resistance"
I believe price is on an uptrend heading towards "Daily top bb" creating a big W formation. right now its above my "4h mid bb" resistance, so I am expecting a long buy
I believe GU is going to sell this week. Price has reached the main resistance trendline. previously when price tested the downtrend line, it sold. I believe it going to happen again.
I believe price will sell towards tp1 and tp2. It might retrace to the “4h downtrend” before going selling.
Price have been buying for daysss now, based on my analysis I believe price will head towards my “tp1 and tp2” zone. It might retrace to wards the “daily resistance Ma” but eventually head to my take profit zones.
I believe price is heading towards ‘W mid bb’ creating a head and shoulder in the weekly Tf. It’s actually correlating with GBP/USD.
I believe price is heading towards ‘D low bb’ creating a big head and shoulder pattern in the DAILY tf.
I believe the price will buy towards '4h top bb' creating a nice W formation. As of posting this, the price is retracing and waiting to push up to my resistance zone.