GBPUSD looking good for a short down to 1.5000 on the daily, however, I will be awaiting for more conformation from price action around this trendline and 1.5500 level to take any trades. I am expecting a false breakout to the upside first before the move down.
Here we have a Head + Shoulders pattern being fulfilled with the neckline broken, retested and...
Breakout I caught last week at 1.13 psych level, now mapping price, this chart on EUR/USD, ABC Elliot Wave, confluence with ABC-D Fibonacci Extension Profit area which coincides with 18/9 Previous High, and 3 leg movement upwards, Also giving a nice momentum bullish with 200 EMA, and crossover of 13/21 EMA on 6/10. the overall chart shows swings higher highs and...