GBPNZD H4 chart on the left, 30min chart on the right H4 CHART 1/ Confirm uptrend i.e. Higher highs and Higher Lows 2/ Wait for price to interact with H4 20EMA 30MIN CHART 3/ Wait for 30min EMAs to align (20EMA above 50EMA) SETUP Enter at the M30 20& 50EMA crossover, 600pips stop loss, TP 1 at 1:1, TP at 2:1 Don't forget to risk manage www.babypips.com...
Obvious downtrend - Lower Highs and Lower Lows 50 EMA providing good resistance - Entering at the 20EMA bounce downward to Pivot Supports 1 & 2 Two trades 30pips Stop Loss, 30pips profit 1 , 120 pip profit 2 t > @bizlus
Uptrend - Higher Highs and Higher Lows 50 EMA providing good resistance - Entering at the 50EMA bounce upward through Pivot R1 up to potentially R2 Two trades 30pips Stop Loss, 30pips 1:1 and 3:1 Don't forget to risk manage - www.babypips.com t > @bizlus
The strength of the Lumen has been touted to Stellar's recent partnerships, which continues to grow and grow, most recently with IBM . XRP and XLM are still at each other's necks. Meanwhile, the 240 shows a good trend, can we ride it with the Fibonacci extension? Find entries / exit at retracements to significant levels - 0.886, 1.0, 1.272, 1.618 if it...