GBP/JPY is currently in a Down trend on the higher time frames.
We can see how the Bears crushed the round number of 160.000
before a retest, back down, and now price is struggling at this
area once again. My bias is Bearish and I hope we'll see some
good price action around this area to go SHORT
Gold trade setup for Upcoming week , gold have still good Buying Opportunity , but we will be looking for Short opportunity because of there is Trend line resistance , So Gold might be got rejection from this resistance line ...
Eur-Aud Sell Opportunity
Day Time Frame Create Pin Bar At 61% Fibbo
Strong Structure Trendline Already Breakout
Create Bearish Bias
Suggest Sell Opportunity On This Pair
GBPNZD are trading in what i choose to see a bearish expanding channel.
And we are currently at the roof of that channel.
Piphunters are looking to short if we see intraday trendchange with the intention of turning this intraday day trade to a nice(we hope) swing trade. With a target at almost 2000 pips ( in the best of worlds :))
We are looking to short when...
Major divergence going on MACD this is an indication that we have a dead trend. As I see it the DZ @0.7465 is the start of the new trend. This new trend seems to be a corrective wave on weekly chart.
Strategy on this trade:
Aggressive:
Place one BUY and on SELL order at reversal going on right now (check H1 for reversal pattern). Sell the long position at new...
