Libra
Confiamos en tí... soporte!!! Resistí por favor!!! Tu puedes!!Desde mediados del año 2017, más del una año y medio sin poder perforar esa zona. Inferimos que puede haber un rebote.
En ninguna de las varias oportunidades el soporte fue quebrado, es un soporte relativamente fuerte y esperamos que así siga.
GBPJPY: The Bullish Libra PatternThe market has broken out the starting point of last decline and dropped because of the NFP.
Now the market is pulling back the 0.786RET which is at 142.0 and the bullish Libra pattern is completing.
Meanwhile the Demand Zone is at 141.9-142.1 levels.
So it is good to buy at 141.9-142.1 levels when price action gives signals.
SL: below 141.6
TP1: 143.4
TP2: 143.9
TP3: 145.4 and further more
DOUBLE BOTTOM ON DAILY GBPUSDAfter a massive double bottom on the daily chart, we now have seen a flag formation (from 100% to 0% on white).
the retest of the @1.24 level would give us a valid entry to go for the 2nd impulse of this new wave.
The first target would be the @1.253 zone, confluence with the -27% fib extension and a intraday key level.
The second target, would be the +- @1.27 level, being the -61.8% extension and a daily key level.
Hope you guys find it useful and if you agree or not, let me know in the comments.
Thank you very much for the support on my instagram page @theforexdream
Have a great trading week guys.