GBP/USD: Broke 1,5940-50 level triggering a rally towards 1,6090. Critical resistance ahead at 1,6125, a break and close above would confirm a double bottom.
EUR/USD: Trading a wide range (1,4480 - 1,4845), could squeeze higher post ECB comments to test yearly high’s resistance at 1,4845. Showing signs of short term reversal on 1 hour chart (bearish divergence on RSI).
EUR/GBP: Triangular formation needs breakout to determine direction,capped by 61,80% Fib on weekly chart at 0,9270 area and now rebounding from bullish trendline and 200 SMA on 1 hour.
César B.Leiceaga.
How to profit from FX Markets by 




DEAR CESAR
GBP : move higher to 6125 turns correction pattern to ZZ and now by turning rsi/stc. from O.B and bearish candle on h4 ,it seems resumption of M.T downtrend in 38% fibo and just on trendline touch and EMA100 is started.
I have a trade at 6010,s/l=6070 what is your idea?
REGARDS
Dear A-SOLTANI,
I like your trading plan, what is your objective for this trade???
Regards.
DEAR CESAR
Thanks for your atteention.
IN my EW counting view, we are in start of W3 down that first target (after first strong support/target at 5770) would be 100% projection at 1.5500.
about GBP/JPY I think 143.30 would be critical if beak there is no res. until 4450-46
BEST REGARDS
Dear A-Soltani,
Congrats for yout cable postion.
Regards.
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