Filthy_Scholar

Filthy_Scholar

H&S Pattern forming on GBPUSD and some other GBPXXX pairs. GBPJPY at lower end of channel within a channel - pending a break on this channel GBP pairs should be short including GBPUSD. DXY showing movement towards the 'right' shoulder thus providing extra confirmation of short term bull power on USD. Aggressive Style - enter on shoulder completion. Conservative...

Filthy_Scholar

EURUSD most recent decline occurred on February 25th and has been in an attempted recovery mode from March 31st. - Today, we see the break of a channel and a new lower high suggesting a a continuation of the overall trend. - What I am waiting for is a break of tested support followed by a retest to provide an opportunity for a short position to move in towards...