As we can see on the 4H time frame we are currently consolidating between 1.11075 and 1.10650 so I will be waiting for a clean break and retest of one of these prices for a precision perfect entry.
Above 1.11075 we will look for TP levels at 1.11450 (38 pips) with a possibility of breaking our supply zone to 1.11650 (58 pips).
Below 1.10650 we will look for TP...
Looking to SELL GBPAUD in SELL AREA and to close in Target Areas. Aiming to target 100+ PIPS.
Enter on reversal candle.
If price shows clear Strong Bearish break of price area 1.78600. Execute SELL.
SELL – BP (BP.)
BP p.l.c. is an integrated oil and gas company. The Company owns an interest in OJSC Oil Company Rosneft (Rosneft), an oil and gas company. The Company's segments include Upstream, Downstream, Rosneft, and Other businesses and corporate.
BP’s second quarter earnings came in flat as increased production offset lower oil prices....
We previously sold this pair at 50SMA if you look through the analysis available on our profile; it looks like the downside is due to continue after ending last week with a hammer at the Fibonacci levels highlighted. April 2018 low is the overall target.
as we can see here on the EUR/USD chart that the market has been trending with no direction and has been in a sideways direction. as of now, the market is having an unconditional amount consolidation with high uncertainty of where the market is going. however, because the market is testing a resistance area and hasn't been able to break past the 0.618 and 0.5 fib...