Overall market is bearish. in daily, there is a head and shoulder pattern. I will wait for the pattern to develop more before entering the trade in 4H. **GPB is getting weak lately.
Monthly: bearish weekly: bearish. price is at the strong support level. formed a hammer candlestick pattern. Daily: bullish, 4H: descending pattern. will wait for strong breakout and retest for possible entry opportunity. if price break below, the analysis will be changed on how price break.
Price is near the support turned resistance level. ascending channel broken and small channel formed. will look for short if break and retest. if the market break above the resistance level. the analysis will change and will look after that.
If anyone interested to go LONG, wait for this setup to play-out. Do not rush into trades.
There is a lot of factor USD more buyers falling wedge pattern.
it is an interesting pair. price rejected the resistance level.
monthly, bearish. weekly.there is W pattern. price retested, will move upward. will look in 4H for entry opportunity.
AUSUSD looks interesting. monthly: bearish weekly: bullish with "W" pattern formation and indecision candlestick near the resistance. Daily: bullish. 4H: market started downward movement. will look for best entry opportunity. ** more sellers are entering, other way, peoples are buying USD and selling AUD.