We can all see what the chart is saying and USD showed some strength yesterday due to PMI.
This is my opinion and not a financial advise. DYOR (Do your own Research)
After a long week of bears, I expect the first few days of next week of bulls as retracements for a continuation to the downside.. enter when you see fit with the market patterns
DISCLAIMER:: Do not take this trade as immediate financial advice but should be used in confluence with your trading...
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This area has a frequency from time past which was acting as resistance and got broken. Strong rejections have been seen on the daily and I expect a bounce from this zone
Hello everyone, its been a while i posted, but nevertheless i have another banger for you...
Now, if you look at that XABCD pattern i drew, its clearly an M or what you most know as Double top.
Market has started the pattern down and irt would seek a lil bit of breathing space or retracements to that minor support which got broken for a resistance and also...
Hello everyone, give a thumbs up if you liked... After a long bull run, we see a huge rejection to a resistance zone that has been held for weeks..
We expect a bearish control this week...
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So, I can see POUND gaining a very strong bullish momentum and playing well nicely in the channel, also I can see it heading for a resistance trendline...
I'd safely advise to be patient and watch the movement but don't forget your STOP ORDERS...
HAPPY TRADING WEEK
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Price broke through a support area and I expect a retest to that area coupled with that its a 61.8% fib level.
