Weekly Analysis

Weekly AnalysisLeçon 8 sur 105 min de lecture

The market line

The third market, and the moment the two steps of the pass meet: a bias sentence that carries its own calendar exclusion.

The third market is the pound against the dollar, symbol GBPUSD, and it is where the calendar work comes back.

The reading

The weekly and the daily are both making higher highs and higher lows. Nothing in either of them is unclear.

Price is at 1.3120, having pulled back from the 1.3260 high.

Two slow charts agreeing, and price already retracing inside them.

Where the pullback should land

Below price, three marks cover one band. An order block at 1.3020 to 1.3060, which price has already returned to once, the empty range above it at 1.3050 to 1.3080, and the middle of the last rise at 1.3070.

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