There is coming a big move. We have been in a triangle on the 4 hour chart for a long time.
Soon the triangle is over and we will break out.
Where? Of course we have very bearish signs at the moment. We are in a Descending Triangle, which of course would mean an outbreak down.
But of course everything is possible. We manipulated the Bitcoin again and we do...
RSI is shown to be over brought.
Wedge has been broken.
Rejection of trendline.
And BB arrow indicating to sell.
Furthermore, only sell whe you see more bearish candles as the GBP currency is unstable at this present moment due to the talk of Brexit.
GBP/AUD Long - retest of 1.79500 to make higher high, hourly bullish engulfing close, and 4hr pin bar. Buy limit lower than key level due to possible market manipulation, if not hit then who cares, there are a ton of opportunities coming!
Sell taken on Friday January 18th after a rejection at the top of daily structure. Potential Daily retrace candle providing insight into next weeks movement. Currently running one position with the anticipation of more selling opportunities back down to the start of the running channel we've seen in the higher timeframe structure. This may be the start of an...
GBP/USD broke very important resistance zone and close with a strong momentum above! I will wait for pull back at my set levels and look for buying opportunity. Bear in mind that we have very big event of Brexit on Tuesday. So price can consolidate and wait for the day start to price in on the vote agaisnt Brexit. On Tuesday we should see big moves in both sides...
GBP/USD was strongly capped on dollar weakness, that's indicate that pound is not rready to go higher, brexit is playing very important role on pound moves. 14 of January is a big day for GBP pairs, I'm forcesting that May will lose on her Brexit deal and pound will fall to my lowest target.