Bullflag on the weekly, Stochastic RSI fully corrected and upwards momentum to start picking up soon, Long above 11300-11500
Contrary to my previous long idea for gbpusd, as the impulse down outweighs any signs of pushes to the upside. I believe it's more likely to see a bearish continuation as price seems to lock into this restricted pennant. This would suggest price is exhausting before continuing.
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The shares have completed a...
I apologise to the bears!! LOL. My technical analysis informs me that the bullish move that is obvious to everybody, indicates that $10,000 is the next probable way point. No predictions - no guarantees. Price could easily collapse however. So don't blame me if it does!
NZDUSD has been travelling in a descending channel for quite some time now, until last week when it broke out of the channel to the upside, We are expecting price to come back down to retest the channel before making its way up to 0.66800 region.
XRPUSD | W1 | BULLISH
The market is currently at an important key level,
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At the same time this is a very simple...
simplicity is key! very simple setup on GOLD, we are overextended and since having touched the daily resistance we have formed a pennant. We are looking to break to the downside & have confirmation with a 4hr close outside the pennant. Initial targets are set at the 23.6 retracement level followed by the 1260 level.