In our last week forecast, we pointed out that we expect a consolidation to start in order to gather up enough price momentum, so that it can retest the November lows. Consequently, the price went as we anticipated and our expectations for the next couple of weeks grow towards a bearish move that will be heading at least to test the 1763 area.
Trade with...
The price is returning from a strong weekly GAP level to daily supply.
Given the status of the price decision triangle, reaching H4 GAP level and re-attack to the weekly GAP level is expected.
AUDNZD in the Historical Demand zone
yesterday we saw false break out to this zone
so i think it's suitable now for buying from current price
#Buy Now 1.0120
SL : Close daily candle under 1.00000
#Tp1 : 1.0454
#Tp2 : 1.0830
#Tp3 : 1.1255
Hello Everyone!
This is GBPNZD weekly short bias analysis.
On left side we have really weak area of previous demand which is circuled. Now price just droping brutually and creating supply imbalances. On lower timeframes we always take trades because price has already gone from the good entry point. Now one should enter with lowertime frames levels. Always trade...
1. EURUSD will be more choppy than yesterday
2. Still in bullish minor (correction move from Daily Bearish term)
3. considerable lot is advised
4. it's better to catch small profit than floating in minus right ???
5. enjoy friday choco fudge!!!
