I think EURUSD has exhuasted its demand here and will likely sell off down to its lower demand zone before another run at these highs
Stil learning but these are the areas I'm looking at on the daily timeframe and the path I believe it will take at this time
Covering short and flipping long here, decent R/R trade. To review later
First gained on move up that cleared local high, looking to buy the dip with stop at low
Load in the vicinity of 17-22 boats for this trade if we form a double bottom on the monthly support.
So as you can see here we are entering into the wine glass, which I expect will lead us to my 1st PT for this short of the Skype icon. I think we can see a retrace wrap around in the S which should be a tight range. You can really ignore the ATR and price levels, focus on the inverse moon price target the wormhole analysis has generated.
Looking for Cable to potentially test the trendline again before turning down over the next few weeks.
Looks like it's accumulating and holding the support, I expect dollar strength to take the pair up to .3591 area in the coming week or two
GBPUSD hitting support zone and indicators show sign of potential reversal
Thinking of going short here, it's hitting resistance, EUR looks overbought and NZD oversold on the 4 hour.