Looking for price to return to source of last impulse, then drop to find the liquidity left behind on Thursdays impulse.
Short term Long to H4 resistance. Longer term long position to test Daily Highs
Retest of structure, then a drop to next area of resistance.
Resistance around major level 1.375 Watching for confirmation of break downwards.
Double top, surely has to drop after this consolidation .... ?!
Interested to see if the pound pushes further as the markets fully open this week. Convergence of major level with Fib retracement level. Going to wait and see how the trend continues - plenty of room left to go long before the break, Comments welcome as always.
Looking for EMA's to close before looking at entry. Expect some pushback at major level.
A re-think on my previous idea. This time I'm expecting to see price making a new HH at Major Level, then starting a downtrend to retest next levels. Please, let me know what you think.
Also, just about to touch 200MA Going long. Let's see what happens.....
Build up to previous resistance level, then drop off.