Jake_Seed

Jake_Seed

I'm looking at a possible sell off on GBP/USD. From a technical stand point a lot of its negative neighbours are also showing signs of strength I.E USD/CAD so I'm going to wait and see how the market reacts on open and then based on the direction the market wants to move I'll then get involved from the appropriate angle so my plan is to short but if the stars...

Jake_Seed

Could this be the break of a key level we need for EU to climb toward 2500 area? leave your thoughts below. We've hit this area back in 09/03/2020 and didn't manage to break the key level but if we get a daily close above this key level this could be a position worth investing into.

Jake_Seed

Could we have just seen the (Accumulation phase) come in on EU? I think we might see price keep pushing higher, there is a lot of uncertainty in the Dollar at the moment to do with the US current situation Its important we remain patient and wait for the pair to present us with the golden set-up and not try chasing every move I myself was taken out along side...

Jake_Seed

EURUSD is rejecting a resistance zone and possibly looking at making a push to the down side, There is also a possible double top formation coming into play on the (4H) chart along side on the (1H) chart a possible small head and shoulders giving us the reversal pattern we need, we now sit and wait and see what happens over the next few days.

Jake_Seed

EURUSD one of my personal favourite pairs. With this we are watching price on the lower timeframes (1D,4h,1h) move sideways so some good buys and sells at Support & Resistance but the overall picture is we are fast approaching a key level that as been respected since 2003 and this is where we could see price go into the Accumulation phase before EURUSD finally...

Jake_Seed

Looking to possibly short this pair in the next few weeks, reason for this is a rejection of the 50% fib level which is also around a strong resistance zone, over-all with the falling wedge I'll eventually be going long but at the moment a short opportunity is looking probable I'm looking for a double top at this current zone on the daily time-frame to verify my...

Jake_Seed

I believe this will turn strong bullish over the next few weeks, the reason I believe this is because we have reached a strong accumulation zone otherwise known as a key structure level where The big guys and gals are looking to buy, as a retail trader it is important for us to identify these zones and also seek entry. remember do what the charts show you not what...