Alex_Fortex

Alex_Fortex

Hello everyone, back on a quick analyze on GBPUSD, I entered here on the pull back of a nice head and shoulder pattern that started inside of a previous blocked that proved to be strong last time it was hit, when it started a strong pullback. Having a nice ChoCh we hit our strong low again (low determined on the daily time frame). When bouncing up from that low we...

Alex_Fortex

For the opening of this week I am waiting to see how the USD evolves on many pairs, with the set up in short that I showed at the end of last week on USDCHF I hope a drop in the value of the US dollar. Knowing that big economic announcements are coming this week for AUD, USD, GBP and EUR the markets should move quite a bit and give us new information for possible...

Alex_Fortex

Hello everyone we are back today on a potential short on USDCHF. As we can see with the green zone, the previous strong downward movement let us with a huge fair value gap that needs to be filled. The goal would be to come back to the grey zone that issued the bearish impulsion. Right now as we can see we are ranging, having our dotted line as support. In my...