Expecting price to be bullish due to 2:00 a.m. Fundamental News.
Currently in the process of possibly creating a Bearish Pennant on 4H.
If price pushes to 150.750 area and rejects Bearish Pennant will be a strong analysis for me.
Price currently at Monthly Double Top Neckline. Personally think all or most of 2022 will be a Sellers' Market due to Monthly "M" Pattern and Weekly Bearish Divergence. The higher the time frame the bigger the move.
Next week will be Major Bank news for GBP. So should see major shift in price movement.
See related idea
Currently in the process of possibly creating a Bearish Pennant on 4H.
If price pushes to 150.750 area and rejects Bearish Pennant will be a strong analysis for me.
Price currently at Monthly Double Top Neckline. Personally think all or most of 2022 will be a Sellers' Market due to Monthly "M" Pattern and Weekly Bearish Divergence. The higher the time frame the bigger the move.
Next week will be Major Bank news for GBP. So should see major shift in price movement.
See related idea
