Bearish to Bullish Play for the Week on GbpAud

قبل ٧ أيام

After thorough analysis through each timeframe I have concluded that GA is Bullish on a Weekly Level after my Weekly Red Trendline broke for a 2nd time to the upside, with that in mind in the 1hr-4hr TF it has broke my blue trendline to the bearish side suggesting a possible retest to the Inbalance around 1.96700-1.96500, only way I would change my bearish outlook from current price is if we break thru 1.99200 to the bullish territory. If the sell plays out turning into a buy midweek closing the week out around 1.98500-1.99000 it would make a weekly doji building up for next weeks play.. BUT let’s see if we can catch this weeks play 1st lol.. may the markets be on our side !

قبل ٤ أيام

تم فتح الصفقة

Sheesh the GBP Pairs are not playing this week.. My yellow scenario played out and the bulls managed to smash right thru 199.200 with the retest and continuation following suit. I expect huge bullish momentum this week with all the red folders we have on the pair it should be an interesting week.