#GBPUSD Another Bearish Pattern Forming UpIf 1.32826 level is broken then we have this pattern where we can either start or add to short positions.
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#AUDUSD - A Pullback For Huge Opportunity - Weekly AnalysisHi Traders, AUDUSD is pulling back as expected pretty much like EURUSD. However because in recent weeks it has been creating new highs, we can expect it to continue with that. This current pull back with USDollar over sold, we can get a very good opportunity to go long. We must watch the zone carefully and any sign of bullish movement. The zone has confluence of 38.2 Fib, Round Number 0.6900, trend line and 200 sma.
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#GBPUSD - Watch 38.2 Fib For Short & Long - Weekly AnalysisHi Traders, GBPUSD has been falling down after test of 61.8 fibonacci level but that is expected because of completion of a harmonic pattern. The last bound was from 38.2 fib level of this pattern and now if that level is broken, we can expect to move towards 50.0 or 61.8. At 50% we have confluence of 200SMA, trend line. So we must watch that area for taking profits on short trade and going long.
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#EURUSD Positioning For Huge Rally - Top Down Weekly AnalysisHi Traders, In this top down weekly analysis we see where EURUSD is going and what has been causing to reverse at various points. We also see how Fibonacci plays out in the market along with other factors such as trend lines, support and resistance, moving averages. We look at how to identify W and M patterns and use then accurately with fibonacci ratios on multiple time frame for accurate entry, stop and exits.
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