GBPUSD broke out of the descending trendline, potential bounce expected !
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In this video I explain why we could be in for a move back down to 1.36000 for GBPUSD and a possible place for entries if we were to have a pull back after seeing that very impulsive push to the downside on this pair.
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A few days before the long weekend.
EURUSD almost touching 1.17.
GBPUSD looks like the bulls might take back control.
USDJPY another pop higher in the Asian session.
EURAUD to close back below descending TL?
Many breakouts have happened in Asia already, will need to wait for pull backs and advanced trades / new signal. might be a day of sitting on your hands. anyone else have bad days IMMEDIATELY after a good day? might be worth noting.
EURUSD 2 inverse H&S on H4 chart, both necklines around 1.22.
GBPUSD squeezing shorts, lets see where we close today, anything other than a close below todays open then I imagine we test 1.43 soon.
USDJPY TCL support holding, 105.00 key and if we close above or below will determine where we go next.
GBPJPY unstoppable atm. trading around very BRN 150.00
Happy Monday everybody!
GBPUSD currently trading around 1.40 with a lot of space to go above it.
EURUSD getting messy, trading below an important ascending TL.
USDJPY swinging inside a TCL. bulls in control at the moment.
AUDUSD on a rampage, big day on Friday closing above the 2020 & January highs.
GBPJPY a long way from the MA's.
I managed to grind out a small win, +0.5R on the day.
Not taking a USDJPY trade cost me 1R, and AUDUSD puked my stop before hitting the lows for another 1R.
Could have been a great day, but that's the point of these videos. To improve.
EURUSD 2 small daily ranges have made it tough trading breakouts. BRN 1.21 sits just below where we currently trade.
GBPUSD a close below 1.3750 could be crucial on the week.
USDJPY has pulled back 104.50, 120 pips for the weekly range.
EURUSD touch 1.2060, previous support area overnight and that could be key before going higher.
GBPUSD tested TL resistance, 1.38 just above where we currently trade, above that could be a lot of bear stops.
USD returning a lot of those recent gains. 104.80 is support, but below that we could see a retest of the wedge breakout arear, huge!
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On to today!
another great day. Check out the review.