exit and retest of 4h channel. EU nations slowly recovering from the pandemic with close no deaths as a proportion of cases of covid. Could send this pay up in the coming months
ignore the clutter from lower timeframes but gu looks like a norty sell on the daily
I have been keeping an eye on this zone for GBPUSD for the past week maintaining a rather bullish outlook over that time. Today we have reached the bottom of it. I am specifically looking to see if it holds or rejects 1.26500 level in particular, let's see what happens
daily divergence and resistance rejection, let's see if it carries on lower
I have been in a AUSUSD short since the morning UK time. Possible path to follow
ascending channel forming but big resistance level to break through to up upper channel wall.
Divergence and holding key level, first target 1.71, longer term target 1.72
Some divergence on the 1H and a close below quite a key level of resistance. Let's see where it opens on sunday though... look out for 1.22714 Also does that formation look a lil like H&S? i think so...
EURCAD divergence in the 4H and 1H. black line is daily trend line and dark grey line is an hourly trendline. Price has rejected where these intersect eachother, we also have divergence at this level. Price has already started to reverse down but it has also closed below the previous high indicted by the dotted line. There is a good chance we will see this...
Reverse head and shoulders on the daily timeframe of GBPJPY. Potential Long position for a long term trade going into next week? I'd be targetting 134
AUDUSD divergence on the 1H but you make out this same divergence on 4H aswell
After a successful trade up to my first TP, we can see it testing this level now. This test coupled with a divergence at the same level resistance level signifies a potential trend reversal.