Monthly fibonacci confluence 1.1500 Weekly fibonacci confluence 1.1500 Daily fibonacci confluence 1.1500 Daily head and shoulders pattern Spinning top candlestick at daily resistance
Fundamentals confluence - Englands interest rates low at 0.25% = weaker GBP - USD rate hike to 0.75% = stronger dollar
Komentarze
tone
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unlikely target ,cant be that pattern at a current bottom,no prier up trend
TmTRADES
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@tone, We shall see how price action plays out. Price recently came back up and would have taken stops above the spinning top on the RS. Price then dropped down creating a bearish engulfing at the daily resistance. This was when the BOE didn't change their interest rates.