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Theofylrx
About me Ambitious and Always seeking for the next adventure, Millennial money is what I'm on about on a daily. I'm not a fundamental but a Technical Day Trader, fundamentals are just for Volatility.
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Markets Allocation
68 % cryptocurrency 21 % forex 4 % indices 7 % other
Top Mentioned Symbols
BITSTAMP:BTCUSD 31% | 44 GBPUSD 12% | 17 COINBASE:BTCUSD 11% | 16 DXY 4% | 6
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Nas100 - 4 Hour Short
NAS100
, 240Short
NAS100: Nas100 - 4 Hour Short

Short

Nas100 - Short
NAS100
, 30Short
NAS100: Nas100 - Short

Short

GBJPY
GBPJPY
, 30Short
GBPJPY: GBJPY

Short

GBPUSD Short
GBPUSD
, 60Short
GBPUSD: GBPUSD Short

things ain't clear when it comes to fundamentals but technical analysis still shows GBPUSD falling, even DXY has been consolidating for the whole day but technicals also still show's that its still bullish son with that telling us that GBPUSD will continue falling...

Still short...
GBPUSD
, 30Short
GBPUSD: Still short...

As you can see from the diagram we are still short...

Bearish Flag/Pennant
GBPUSD
, 30Short
GBPUSD: Bearish Flag/Pennant

So far things have been going well, DXY flying as the Bullish flag that had been formed has been confirmed also GBPUSD falling. Currently on 30 this is how things are looking. so im just waiting for the break of the support level, sell High don't buy low as this is still the point of interest for buyers...

Bearish wedge Support Channel broken
GBPUSD
, 1WShort
GBPUSD: Bearish wedge Support Channel broken
Updated 

Its clear that the support trendline has been broken, so now we should wait for a pull back off which its going to take some time then see if the channel wont break if it doesnt then short we go... I had once posted an idea exactly like this one, you should check it...

not sure if this looks like it but your input is welcomed..
GBPUSD
, 1M
GBPUSD: not sure if this looks like it but your input is welcomed..
Updated 

Is that it ?

GBP Short
GBPUSD
, 60Short
GBPUSD: GBP Short

DXY is still showing bullish signs, as it is on consolidation with a bullish rectangle formed on a daily chart, so this means overall is still short for GBPUSD...

Bullish Flag/Pennant
GBPUSD
, 60Long
GBPUSD: Bullish Flag/Pennant

Bullish Flag/Pennant on H1 has been forming for hours , so when its complete suppose the price action continues going up..

Long term Bearish pennant flag forming
GBPUSD
, 1WShort
GBPUSD: Long term Bearish pennant flag forming
Updated 

In a long time week months etc. the chart shows that the bearish pennant flag is being formed by the GBPUSD

Bearish Flag Pattern
GBPUSD
, 30
GBPUSD: Bearish Flag Pattern
Updated 

Bearish Flag formation..

Bearish Wedge
GBPUSD
, 60Short
GBPUSD: Bearish Wedge

Bearish Wedge.....

Chart repeatition
GBPUSD
, 1D
GBPUSD: Chart repeatition

by the looks of things on the current chart and what the trend has been behaving like, i noticed that from that double top the chart has been repeating the same moves that have been there in the past but now in an inverse way. if you notice where i have colored light grey the chart was in an uptrend then where i have colored light pink its the inverse pattern of...

Head and Shoulders
GBPUSD
, 1MLong
GBPUSD: Head and Shoulders

preparing bullish trend after inverse H'n'S has been confirmed

1...678
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