As you can see the market was trending down, the breakout of the bearish trend line and the resistance level indicated a trend reversal. in this case you either enter after the breakout of the resistance level or you wait for a pullback to this level that becomes support . don't enter immediately after the pullback, you should wait for a clear bullish price...
As you can see the market was ranging , and after the strong breakout the market went down.it is now ranging again. So right now we can't predict the future movement of price, we need to wait for a breakout from the range. Let me know you comments below and follow me for more analysis
As you can see the market was ranging and after this breakout the market is likely to go up. we can see a possible pullback to the resistance that will become support in case of a pullback . but the strength of the move indicates that buyers are willing to go up
After the formation of the double top above, and the false breakout that happens at the resistance level . finally the market broke the support level and there is a high probability that the market will go to reach the next support level
The market was trading down following a bearish trend line, the breakout of the resistance level and the bearish trend line and the formation of the bearish candlestick pattern indicates the beginning of a new move up.
The EUR GBP is following the bullish trend line that acts as a support level, look at the tails of candles once the market reaches this level , tails means rejection which indicate the beginning of a new move. If the market could break the the next resistance level which is also a strong supply zone, the market is most likely to reach the the next resistance...
The best time to short the GBP USD and make some pips. the market is trending down following a trend line . the price was rejected by the trend line indicating the end of the short pullback and the beginning of new impulse move.
The market is currently at 50 % Fibo level which indicates the end of the short retracement and the beginning of a new impulse move. There is a high probability that the market will reach 2.4056. and if prices broke that level, the market will look for the red resistance level. Please like and comment this analysis and let me know what do you think about it
The USD GPY provides nice selling oppotunity As you can see the market is trending down, normally I had to enter after the breakout of the Doji candlestick with the big black candle but it is ok since i'am still with the short term downtrend.
The market tested and reacted strongly to the demand zone which indicates that the market is likely to go up and reach the resistance level.
The Market retardement is over and the beginning of a new move started