Swing trade idea!๐/๐ป๐จ D1upward channel to break or Nah?240pip
Daily seems bullish still with a positive close but rejected the 1.36500 any lose above will open up the 1.3750 again for hopeful bulls
ยฐยฐยฐWeekly turned a bit bearish
ยฐยฐยฐยฐDaily ST lookout for 1.38400-900
MN seem bearish as its below it's moving averages
News came positive as gbp upped 5$ or so 19 Jan 2022
***Traps set between 1.3595-1.36/1.36222
Sellers stepped in before London session
Buyers might look to rebounce pair but that came short target 1.3660
Any break of 1.3655/700 may up to 1.372/500 of regained ***
Seeing early sellers came through we might see a liquidity grab as seller increase in bets
1.37290
Their SL is at ol level that holds bearish bias
1.39600(holds the target 1.50when broken successful).
As mentioned if broken it means that it ran it's coarse and we'd love to see a recovery if bears don't step in. Talking like this means usd will be weak but shall that be the first half of the year before it tends to return and strengthen again for its bias is mixed with the negative news it's been printing
For now GBpusd should be kept on watch and we react to market movement than try to predict.
This bias is only clear if 1.31800(if broken downside shall open to 1.28)-1.33800(shouldn't break).
Daily has a Channel or what seems as a rising wedge. This is surpress by a MN trendline from 1.49890 -1.51110
Does all pairs rises with USD
Does pairs sell if USD rises
Or more MN consolidation 1.42700/1.26890
ยฐยฐยฐWeekly turned a bit bearish
ยฐยฐยฐยฐDaily ST lookout for 1.38400-900
MN seem bearish as its below it's moving averages
News came positive as gbp upped 5$ or so 19 Jan 2022
***Traps set between 1.3595-1.36/1.36222
Sellers stepped in before London session
Buyers might look to rebounce pair but that came short target 1.3660
Any break of 1.3655/700 may up to 1.372/500 of regained ***
Seeing early sellers came through we might see a liquidity grab as seller increase in bets
1.37290
Their SL is at ol level that holds bearish bias
1.39600(holds the target 1.50when broken successful).
As mentioned if broken it means that it ran it's coarse and we'd love to see a recovery if bears don't step in. Talking like this means usd will be weak but shall that be the first half of the year before it tends to return and strengthen again for its bias is mixed with the negative news it's been printing
For now GBpusd should be kept on watch and we react to market movement than try to predict.
This bias is only clear if 1.31800(if broken downside shall open to 1.28)-1.33800(shouldn't break).
Daily has a Channel or what seems as a rising wedge. This is surpress by a MN trendline from 1.49890 -1.51110
Does all pairs rises with USD
Does pairs sell if USD rises
Or more MN consolidation 1.42700/1.26890
