quick day trade, im already in this trade from market opening but if it does come back to the zone of interest, then look for rejection around the purple box region to take a short, down the the support zone given.
200 PIP GAIN 9/1 RR
GA forming a descending wedge pattern.
Price now consolidating at the upper trendline in line with the 1.92 psychological level.
I am hoping price will reject here to break through the current trading range, in which it may give way to a 300 pip drop to the lower ascending trendline.
Amazing R:R on this trade!
From an early age the government have you brainwashed into a negative mindset (although they portray it as positive) They want you to do well in school, go university, buy houses with a massive mortgage and get things like cars on finance just so you get in debt and have to stay stuck in that low paid dead end job that you hate... Working to make others rich, and...
... I need to borrow some chairs haha.
But seriously if you are alone at Christmas there are always groups or people out there that will take you in for the day so you are not alone, i am 1 of them i will be having 2 spare seats at my table that i will be giving to homeless people... Nobody should ever be alone!
On the chart we can see GBP pairings are making...
Fcuk you are my girlfriends Favorite words whilst speaking to me, it must be love hey ;p
We are looking at price making bearish moves this week and our target is our old resistance zone ( purple box ) we are expecting price to enter this zone and use it as support, this would also be the 3rd touch of a very strong trend line so we would be looking for bulls to...
GbpAud has retested the highs on the daily and is currently putting a head and shoulders pattern in. If you are aggressive you can take the shorting opportunity now at the right shoulder or wait for the break below the neckline.
Nice and simple double down candle on the 4h chart with higher high candle containing red wick. Price action should support the drop. RSI overbought as well.
Marked my tp and sl for you.
Let me know your thoughts.