Price holding 1.10540 and rising back to the ascending trendline with the breakout above 1.10761 should further indicate a bullish bias for the pair.
Bull Flag chart pattern is a type of range parallel channel. Long bias Descending Triangles, Triangles, Ascending Triangle and Ranges are repeatable trading chart patterns. Triangles and ranges are consolidation chart patterns that can breakout either direction. Ascending and descending chart patterns will have a directional bias depending on the previous...
Disney Investment has been fading Aladdin Live Action Opening Weekend was $100 Million Disney has a library full of animated films we all have watched Potential to convert them to live action is great Increased investment interest may be coming Price has been consolidating Continuation Triangle Pattern has be created which has a bullish bias Volume, ATR &...
G/U possible Buy around zone 1.30415 in confluence trend line and disturbance zone. ()Price created a H.H & HL () zone 1.30415 is between fib 0.618 and 0.786 I won’t place any limits, I will look for price action around that area, and see what price does as the week goes by. ++ on the daily chart price broke down trend line and re -tested as support before...
gbpusd currently has a bullish bias, price on the weekly retraced from the lowest low and the most recent high and it came aligned with the 4hr/1hr zone (yellow), price seems to have rejected 4hr/1hr zone as well so I am hoping for a shoot up towards next zone (purple)