GBP Futures (6B, June)
Following on from the downtrend over the previous few days, we are looking for the market to retrace into some crucial POC's before considering wider term shorts.
Line in the sand for shorts: 1.2450
VWAP angle: +76 (bullish)
AM profile (fig.1)
Daily profiles (fig.2)
Candlestick chart GBPUSD - Potential bearish setup of AM and multiple daily VAH's
EURO futures (6E, June)
Catching a nice bounce this morning from previous VAH, although bias to the downside remains bearish therefore we are looking for the market to trade a little higher in order to enter shorts.
VWAP angle: +20 (neutral)
Line in the sand for shorts: 1.0922 (Trading view feed)
AM profile (fig.4)
Daily profile (fig.5)
As you can see, the market has two naked daily POC's acting as resistance which will take a big push from the bulls
EURUSD 15min candlestick chart (fig.6)
Comments