WE only looking to sell any currencies with US as the base currency
If US is the quote currency we buy that pair
We will only look to buy US when DXY goes down to support and forms a bullish pattern like a W pattern
The EURUSD is within a descending channel shown on the weekly time-frame
When the channel is looked at on the 1 hour time frame you can clearly identify various patterns which occurred and which are currently forming
The most recent one is a potential flag shown on 1 HOUR time frame with a tight range on the flag resistance area
I am looking to sell EURUSD and...
On the monthly timeframe there is clearly downtrend.On the daily timeframe price respects the zones, again there is a potential head and shoulders pattern
GBPJPY
1.BE PATIENT AND wait for price to come to the zones
2 .entries on the 15 minute timeframe
