Another potential opportunity coming up. EURUSD is currently on a monthly key zone area. And it has been on a daily up-trend forming higher-lows and higher-highs. We're projecting that it'll reject this zone and continue the upside momentum. Patience will be necessary till it forms reversal patterns on lower timeframes, i.e. 4H, 1H. Once reversal pattern is...
EURGBP on the daily chart has been up-trending and is currently on a key zone. Which coincidentally is also a higher-low. We projecting a further momentum to the upside.
The pair has been on an uptrend for a couple of months now. It did retrace to form a higher-low and came back to test that higher-low. However, there's a lot of confluence of technical tools at the current area. We're projecting a price rejection and more continuation on the upside.
The pair has been bullish for a couple of months now and it's only starting to show bearish signs. On the daily chart it has topped out and started forming lower-lows. Currently it pushed to a lower-high zone where there's confluence of a few technical tools. We project for it to reject this zone and continue on the downside till the weekly marked zone.
Started on the monthly timeframe and dotted down all the buy and sell zones near the current price. Trickled down to weekly and daily. Then plotted entry on 4h timeframe.
Heading for that monthly buy zone. In the meantime short as it melts to the zone.
AUDUSD Buy, wait for it to retest the daily buy zone. Then add buy positions
GBPJPY is definitely going for the long haul on this one. The next big sell zone is miles away. Add long positions as it pauses along the way.
Did a monthly, weekly and daily zone analysis. All the roads lead to long. Let's wait and see.