m_vahhaaj

m_vahhaaj

OANDA:GBPUSD Confluences: 1. Ascending Channel 2. Rejection at 78.6 Fib level, testing second time. 3. 1.33 Psychological level. 4. 4h Rising Wedge Pattern. 5. Formation of Double Top reversal candlestick pattern. What is your view on this?

m_vahhaaj Updated 

OANDA:GBPJPY Key Points supporting Bearish Bias: 1. Symmetrical Triangle Break to the downside. 2. Psychological Resistance level. 3. Failed Breakout above the Resistance. 4. Falling Wedge Pattern on DXY. Dollar may rise in the long term. 5. Clear rejection of 38.2 Fib level. 6. 50 EMA providing additional resistance. So are you Bullish or Bearish on this...