Daily Forex Market Update – GBPUSD BULLISH BAT SETUP
Daily Forex Market Update – On the GBP.USD 15min chart we’ve a potential long opportunity’s at the D leg completion of bullish Bat setup. the price reversal zone on this pair is between 1.2394 & 1.2380 The PRZ zone is only a suggestion of where we’ll be paying attention for trade setups and opportunity’s. Potential targets for the Bat setup placed at the .382% and .618% retracement of the A to D move. there’s also chance to look for extended targets at 1.2491 Stop loss would be placed below X leg structure support. Target one – 1.2440 Target two – 1.2469
EURUSD (DAILY) PURE PRICE ACTION ANALYSIS
Continuing the downhill momentum with the increased USDOLLAR strength. Price action giving me clear signs of a further push towards the monthly resistance level, here we may see a reversal start to form along with further economic activity this week and next. 1:1.7 risk reward. At your own discretion. Looking for traps. Do not get drawn into piling on lots that you can not control with your own emotions.
Daily Forex Market Update – USDJPY W Resistance: 110.90 Support: 100.000 – 98.00
Forex Signal – USDCHF
Entry sell : 1.0040 Target price : 0.98613 Stop loss : 1.0085