Looking at US30 on 1H chart, there is possibility for price to fall heavily especially when hitting QM level. Current price squeezed tightly and will find liquidity point, where big selloff happen.
Looking at current market trend, it is heavily biased for bearish move. Price will be expected to slowly move upwards and probably breakout upper trendline. Price movement will be compressed until hitting liquidity point at 13896.00 before major selloff take place.
GBPUSD price currently break out of H4 trendline. Price expected to continue to move upward to complete retracement up to 1.36000 - 1.36751 range. Price then expected to react in that zone, and possibly to continue bearish move.
Price expected to retest resistant before expected to make big bearish move.
Price to continue moving downwards, making small retracement here and there, Price will then continue to make uptrend to test 0.647 - 0.65200 area before big bearish move expected to happen.
Price approaching supply zone. Compression of price going up, will clear up demand, hence big drop expected to happen.
Price will retrace to 1.3745 before sell off.
1. NZDUSD react on support level of 0.71005, forming hammer candlestick pattern signalling for bullish. 2. However, NZDUSD expected to bullish up to resistance zone of 0.73001 - 0.73324. 3. Price is expected to reject at resistance zone of 0.73001 - 0.73324, as strong resistance at that level.