On Monday session, USDJPY fallen significantly and it's near to support of last range bound resistance. I am into long position and expecting price to go up from current price level.
Now GBP showing more strenght compare to NZD. However, this pair is still in dowtrend and more likely price to go up from support level after price rejection candle.
Trend is your best friend. This is what can be seen in CADCHF. We can enter at CMP level and hugh potentional to go price up and risk reward ratio is also look amazing here
200 MA is flatten in both 4 hours timefram and D1 timeframe, that reflect reversal of trend for GBPUSD.
In 4 hour time frame, GBPUSD already made 2 HH and 2 HL, which confirm that uptrend started for GBPUSD. We should enter in long trade once price touch Fio ratio of 0.618 and if any price rejection candle or reversal candlestick pattern appear there.
