EUR/USD
Daily chart:
two tiny little candle signals two soldiers.
Weekend's meeting and ECB action shall lift EUR/USD for another 2-3 days, expect today to be a bullish candle.
Weekly charts suggest EUR/USD prone to move down, downward potential 1.3300 and strong support 1.3100.
Intraday:
Long with initial shadow 1.3450 SL 1.3400 TG1: 1.3650.
I also hunt for short opportunity for the melt, observe for reversal candlestick pattern at 1.3700 region.
GBP/USD
Check 4 hour chart you will see GBP/USD moving down slow and steady over last 4 weeks when it breaks below EMA50.
Knowing my trading style, I am not able to enter short if the market never pull up / retrace. :(
Based on last Friday's candlestick pattern, I reckon market to form a white candle today, while keeping below 1.5600.
Next resistance 1.5600.
Today's intraday trading:
Long GBP/USD 1.5430 SL 1.5390 TG 1.5600 or close by EOD.
Hunt for short upon retracement, favour reversal candlestick pattern to confirm.
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