We hope a the price in Fibonacci zones important
Hello guys, in this technical analysis, its one of the complicated for me. because we see a lot figures in the past. So, I found out that sterling is in buy off. Because there are a news of investing what I found it in the past hours.
"The U.K. prime minister Boris Johnson say is thay he expected from U.k. to relax social distancing guidelines on growing hopes for Britain's economic recovery"
So, this message of Boris it's was impact and has a good indicator from the U.K., and the contrary, today on Monday there are a bad news for the US Dollar.
Also, lets me see that in the operations it's supposed to closed up on Sunday, because there was have a bullish divergence in RSI in the operation of EUR/USD and AUD/USD, so now this par are bullish because there are a fears of US Dollar and has continue this fears in the country of much cases of covid-19. But, for my experience, is practice, because I have earning in profti, but, I closed up manually, but, remember, one of my best strategy is to read news, writing in the notebook all news and how it's may be a impact for the future. That is the best strategy for me, and also, I always work more to fix.
But, I do not bad in the operation, all practice it's become a master.
So, continuing in the technical analysis, we hope that the price is to leave at the 0.382% or 0.618% of Fibonacci to entry in a buy. And also, lets me say you is about this par is in the formation of Shoulder Head Shoulder inverted, and the RSI divergence is confirm that. Well, the target is in the $1.2574 USD, so its mean a movement of 160 pips.
And also, I add some images of the situation of this par:
In H4 timeframe we see a strong bullish
And also, we came from the bearish channel!!!
And the montlhly, we see that sterling is so devaluated their value throught of the years and that country it's can be to reach to complete the elliot wave # 5
"The U.K. prime minister Boris Johnson say is thay he expected from U.k. to relax social distancing guidelines on growing hopes for Britain's economic recovery"
So, this message of Boris it's was impact and has a good indicator from the U.K., and the contrary, today on Monday there are a bad news for the US Dollar.
Also, lets me see that in the operations it's supposed to closed up on Sunday, because there was have a bullish divergence in RSI in the operation of EUR/USD and AUD/USD, so now this par are bullish because there are a fears of US Dollar and has continue this fears in the country of much cases of covid-19. But, for my experience, is practice, because I have earning in profti, but, I closed up manually, but, remember, one of my best strategy is to read news, writing in the notebook all news and how it's may be a impact for the future. That is the best strategy for me, and also, I always work more to fix.
But, I do not bad in the operation, all practice it's become a master.
So, continuing in the technical analysis, we hope that the price is to leave at the 0.382% or 0.618% of Fibonacci to entry in a buy. And also, lets me say you is about this par is in the formation of Shoulder Head Shoulder inverted, and the RSI divergence is confirm that. Well, the target is in the $1.2574 USD, so its mean a movement of 160 pips.
And also, I add some images of the situation of this par:
And also, we came from the bearish channel!!!
And the montlhly, we see that sterling is so devaluated their value throught of the years and that country it's can be to reach to complete the elliot wave # 5
Order cancelled:
The operation are cancelled, because there are not formation of shoulder head shoulder inverted, so, now, if you see and use your ming. We have in the descendent channel, and we could to find sell in this par. So, lets me see a new updated!!!