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Bullish Divergence Formed, End of DownTrend or a Rally Coming
GBPAUD
, 1D
Long
GBPAUD: Bullish Divergence Formed, End of DownTrend or a Rally Coming

As you can see, the downtrend was a very extensive one and now the price is rounding out forming a support and Bullish divergence. Price will trade more in a range until we see a breakout either further below or back up to form a rally/uptrend. I expect price to retest support and then form rally, got to be patient and see how the market will unfold.

Stage 4 Breakout Moving into another stage 2 Rise?
EURUSD
, 240
Long
EURUSD: Stage 4 Breakout Moving into another stage 2 Rise?

The Market slowed down and began to trade in a sideways range. Resistance has been broken and could possibly move in to a market stage 2 rise once again. Middle moving average is rising to touch the bottom of the current market structure. Have to Be patient and wait for more confirmations, I am also waiting for retest to enter a long. Please leave your feedback as...

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