#gbpjpy In a bullish channel , broke trend line in 4hr , took support from the channel & now retesting levels. . If price bounce back from the yellow zone, all set to go up again
In a pull back after a sharp selling. Formed bearish flag pattern. Rejection from 50% fib level , might continue to go lower in coming weeks until and unless it breaks 0.71200 level
SELL BELOW THE LEVEL TO THE SUPPORT FOR INTRADAY AND BUY FROM SUPPORT IF REJECTION COMES FROM THE SUPPORT ZONE . ( FORMATION OF BULLISH FLAG)
REASONS TO GO LONG: INVERSTED HEAD AND SHOULDER BREAKOUT AND A RETEST CHANNEL BREAKOUT BULLISH FLAG BREAKOUT TREND LINE RETEST
too early to say something, keep an eye on this
BREAKOUT & A RETEST, IF ITS NOT ABLE TO BREAK THE RESISTANCE UPWARDS A GOOD SELLING OPPORTUNITY WILL BE THERE
I can see a selling opportunity below that level ! keep an eye boys !
AS EURUSD IS IN BULL RUN, CHANCE FOR A RETRACEMENT TO FIB LEVEL AND THEN MIGHT SHOOT UP
trend line breakout, closing below 0.70 will open short position till 0.68 levels