ok people lets get ready for a bit of a sell to maybe or lower 50fib.
lets see if this pair creates a confirmation on that break out . and hopefully not a fake out. it would be nice to have a drop from there to the 61.8 fib at least.
as you can see we have a new key level that is indicating us a trend reversal. one more hour and probably will buy from there.
from the biggest picture i see a continuation of a downtrend channel. chop chop!! trade careful friends.
the 112.350 has been a very nice resistance for the last months. i think it might probably continue up for the rest of the year. but for now retest some place down there. trade careful
hello mates. here i leave my analysis for UJ, just waiting and see if it will break before or after the news- 110.25 is being a big resistance. trade safe people.
OANDA:GBPUSD there is a short position available . take profit 1.4000
it looks like its time to sell this pair now.
hello trading community, here again. what do you think about this BAT pattern i see in the 4 hour chart. i see this babe coming down to make daddy profitable.. hehehe. let me know what you think
hello guys . im back at the trading. wish you have a nice week. this is my idea in regards to UJ. i think we have to possible options , we just have to wait on confirmation . .
i dont know about placing an order just yet . either sell or buy. uncertainty in the market , id wait maybe a second bar or a third. there is a nice doji that tells me yes. but this trend tells me something else .
this is my look on the UJ for today. i think that if it passes over the first resistance it will continue up to 104.500 or so . if it stays in 104.130 then it might be a signal of bears on the way . whats you guess ?