forex252

forex252

Price has come back to 78.6 fib retracement. Has had a few fake breaks on smaller time frame but is clearly rejecting on larger time frames. Along with fomc dropping in about a week price should pull way back! Area we have that were not retest on the move up is at the blue resistance line that needs to turn support before it continues up next year.

forex252

I’m selling eurgbp from the 50 fib of weekly trend. Pair has already rejected nicely once. This retest should give the liquidity needed for a lower low. As well if you consider the pairs individually gbpusd has hit a floor for now likely to retrace where as EURUSD has a lot more it COULD go down to add cross pair confluence.

forex252

EURUSD looks like a good sell to the true weekly support at least. Lots of selling pressure at the end of last week should continue this week

forex252

I see EU as a sell off trend down to true weekly support atleast.

forex252

New to trading so not 100% sure but would this be considered a bearish divergence?

forex252

I am short on NZDUSD the price has reached the daily resistance after a very strong start of the week. Seems to have double topped on the hourly as well. I am new only two weeks trading so your thoughts are appreciated.