Hi there,
I think I spotted a reversal for GBPUSD as you can see it is within the BIGGER TIME FRAME 1D DOWN TREND. It has reached the TOP SIDE OF the Channel Line and got rejected. There MIGHT be a FALSE BREAKOUT above the UPPER LIMIT LINE OF THE CHANNEL before continuing to DROP.
The RECTANGLES are SUPPORT LEVEL which will be OUR PROFIT TARGET. We SHALL wait...
Hi there,
GBPJPY has broken down from the SUPPORT line of the CHANNEL. It did a retest before DROPPING further down. It is now at a small SUPPORT LEVEL. If GBPJPY breaks that minor level down then we shall go into SHORT WAY DOWN.
You can DO a SELL STOP if you want to.
Kind regards
