A 1 pip gain is better than a 1 pip loss.
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DislikedEURUSD at 4H has showed us strong rejections the last day of the week. 1.304 stood as strong as an ox (but a bear rather).
Daily went from an engulfing down to a doji looking stick figure. Not sure if it looks like a shooting star. Either way, this could either mean a continuation downwards or a reversal (You don't say?!). Honestly, I feel it will go back up next week.
Weekly has formed into an inside bar. Should we see an upside push, we will be heading up... really really far. Either way, I expect the pair to test 1.3 levels again to somehow...Ignored
DislikedWe now have a 4H inside bar. RSI has just dipped below 50.
Daily shows a shooting star like doji. RSI still above 50. Not really sure what could happen here.
Weekly shows an inside bar, similar with EURUSD. I guess we can be sure that no matter what happens next week, these two pairs will move together.Ignored
DislikedIt seems my call on going short at 1.63 was right although I didn't take it. 4H showed something like double tops, with rejections at 1.63x and 1.629x respectively. Followed by a doji, and a full bearish bar.
Daily shows a shooting star while weekly shows a doji after a long 6 week bullish reign.
If GBPUSD were to fall from here, I would be expecting EURUSD and AUDUSD to do the same as well.
I will look to close all my positions as soon as possible and reenter short if bearish signals continue showing.Ignored
DislikedSeems like some form of bullish divergence here while there is also some form of support just below around 1.62 to 1.61668.
I'm still looking for PA to test the 78.6 at 1.64208 as well as the upper red channel trend line.Ignored
DislikedOn the bright side we closed above 1.04296 which has proved to be of good support.Ignored
DislikedOn the bright side we closed above 1.29344 which has proved to be resistance before the burst to 1.3 and support on 20th September. Should we go up, we should break 1.31, unless we break lower and burst up again (or conslidate where we are now, either way I'm okay with it).Ignored
DislikedAUDUSD has broken the trendlines and is now dipping towards 61.8 fib level of 1.03366. It seems that this is a larger retracement from previous highs. We should not be going any lower than 1.03366. I expect a continuation back onwards to 1.05x and 1.06x, by this week or next week.Ignored