EURGBP is resting on major support line. We're likely to see a rise in this pair for the upcoming weeks..
My Weekly Analysis for Audjpy.. We'll see a rise on Eurjpy/Chfjpy/Gbpjpy. The Yen is has been performing poorly past weeks, likely to see another rise this week.. I stand to be corrected. Use same analysis and catch an entry on H1
SELLERS DON'T BE FRIGHTENED BY THE FAKEOUT. BE PATIENT AND LET THE MARKET COME TO YOU, DON'T CHASE THE MARKET. WAITFOR THE BULLISH BREAKOUT, ALLOW IT TO COMPLETE THE BULLISH TREND AT THE TRENDLINE, LET IT FAKE RETEST FOR A BUY, WATCH FOR A BREAK IN FOR A SELL AND WAIT FOR CONFIRMATION.
on H1 we observe a touch on the 50% zone and a little push to the upside..we'll be looking for a sell just below 81.688📉 Take profit around the 80.500- 80.100 area Sl around 82.200
expecting a little push to the upside so I'd look for sell entries around 80.238. take profit around the 79.000 - 78.500 area sl just above 8.700
My rule is, never trade a breakout and never base your entries on trendlines. Pure price action.
QLT. 💡Supported by price action and bortex structure; H&S on H4. Like and Comment