Upward Trend not challenging the trend line. Double Bottom has already happened on support zone, waiting for a second double bottom before entering BUY trade
Consolidation Long period of consolidation last week. Overall uptrend. Moving Averages moving closer together and Stochastic RSI cross over about to take place Will be looking for price to break below 1.25630 support level and to SELL
Downward channel, bullish potential Price has broken the 50 day Moving Average twice and closed above it now, it has also broken above the downward channel, if it can break the 120 Moving Average, uptrend
Consolidation Price has broken out of a downtrend and is now finding support above the 120 EMA, if we see a crossover in Moving Averages, potiential for uptrend.
Downtrend Potiential Reversal depending on which side of the triangle the price breaks first.
GBPCAD - Ranging - Potiential Downtrend Waiting for Moving Average Crossover & Price to Retest the Strong Resistance
GBPJPY Start of last week's resistance zone has turned into a support zone this week, strong uptrend.
Bullish In a period of consolidaton, during an uptrend, waiting for price to break out of it's current support and resistance zones.