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GBPUSD is at the major resistance of the Daily Chart , a great consideration for a counter-trend trade, on the 1-hourly chart the same level marks the completion of the Bearish Shark pattern. I will wait for the market open to observe if there's any gap... moreGBPUSD is at the major resistance of the Daily Chart , a great consideration for a counter-trend trade, on the 1-hourly chart the same level marks the completion of the Bearish Shark pattern. I will wait for the market open to observe if there's any gap when the market open, what's caused by the US Election Results.
On the M15 chart, we do have a Deep Gartley Pattern which completes at X. Although for the setup to complete it will most likely break and close below the trendline, the only attraction it has is that it produces a Great Reward is to Risk Ratio.
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Live Chart:
https://www.tradingview.com/chart/GBPUSD/QbZBghjB-GBPUSD-Weekly-Market-Analysis-Nov20-Wk2/
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#bearishshark #sharkpattern #USelection2020 #countertrend #SupportandResistance #GBPUSD #candlestickpattern #candlestickanalysis less
GBPUSD is at the major resistance of the Daily Chart , a great consideration for a counter-trend trade, on the 1-hourly chart the same level marks the completion of the Bearish Shark pattern. I will wait for the market open to observe if there's any gap wh
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EURUSD is at daily chart structure high which gives counter-trend traders a good opportunity for shorting opportunity. Trend Traders can wait for candle consolidation at 1.1814 for a buying opportunity.
Share our post so more traders can benefit from... moreEURUSD is at daily chart structure high which gives counter-trend traders a good opportunity for shorting opportunity. Trend Traders can wait for candle consolidation at 1.1814 for a buying opportunity.
Share our post so more traders can benefit from our analysis and comment one thing you liked about the analysis.
Your support is always much appreciated.
Live Chart:
https://www.tradingview.com/chart/EURUSD/IicLQeYP-EURUSD-Weekly-Market-Analysis-Nov20-Wk2/
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#USelection2020 #EURUSD #TrendTrading #buyzone #candlestickanalysis #supplyanddemand #candlestick #supportandresistance #countertrend less
EURUSD is at daily chart structure high which gives counter-trend traders a good opportunity for shorting opportunity. Trend Traders can wait for candle consolidation at 1.1814 for a buying opportunity.
Share our post so more traders can benefit from our
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