Gbp has to try 0.236 fibo level Please like for supporting . thanks
Market slowing finding its way down with confirmation on Daily
We wait for confirmation at the support to Buy Long
We are in the middle of a pandemic right now with everything that is going on with the Corona virus. It seems to me that Australia and New Sealand were hit hard economically and will be in the next few weeks. My eyes will be on a long trade to the same level of the spike on March 8 which is a Monthly support and resistance level @2.17 On the other hand there...
OANDA:GBPNZD SELL from 2.03282 TP1-1.99844 TP2-1.95972 IF YOU AGREE PLEASE PUT A LIKE IF YOU NOT AGREE LIVE A COMENT
Same as GA, looking for a similar sell as a day trade. I'm already in this floating about 100 pips in profit however it is still possible for this to wick up so be prepared for an entry where the purple box is. Watch for rejection around this zone. 280 PIP GAIN 13/1 RR
The price is currently at strong resistance, also a triple top formation so the next wave is expected to be a downside
After a rejection on 4HR, Looking to retrace and brake the trendline
We look to short to a minor support and wait for the market to break or loose momentum
entry 1 2.000 entry 2 1.990 sl 1.9800 tp.1 2.0100 tp.2 2.0260 tp.3 2.0300 tp.4 2.04000
As our overall analysis on the Daily is a Head and Shoulders, thus the market is rejection the Major Resistance meaning a loss of momentum for buyers - We look for retraces to Sell and go long as it made a minor Head and Shoulders on 1HR - Patience as we wait for the drop
Completed Head and shoulders, Unless we see a reversal on daily its a sell at this point - On the 1Hr we see a broken support retest as the market start to make LL's and LH's