I prefer to take a buy with SL lower support zone instead the price can be breakout support zone and continue downwards trend
please give a comment if you have another opinion
#stayHealthy and #keepSafe
the price successfully break support zone and estimated to continue downwards trend.
plan for trade : OP sell and set stop loss above the support zone
please give a comment if you have another opinion
#stayHealthy and #keepSafe
Hi there, there are two possibilities for GBPCAD.
1. the price will break the verified resistance zone and continue upwards trend until untested-resistance-zone
2. reversal will occur because the price is not able to break untested-resistance-zone
please give a comment if you have another opinion
#stayHealthy and #keepSafe
There are 2 possibilities to make a profit from the support zone level AUDJPY H4
1. Open buy and put stop-loss under the support zone level
2. Make a sell-stop pending order under the support zone level
there is a possibility the price will reversal and move upwards so if you need to take the risk, open position buy and give stop-loss under the support zone. but if candle break the support zone, there is a high possibility the price will move downward so don't forget to make sell stop pending order under the stop-loss line to grab the profit early
After a break the support zone at 1.05420 - 1.05534 EURCHF will be testing the next support zone level at 1.05523 - 1.05345. I assume the trend reversal is happening here. good luck everyone
breakout resistance zone will make GBPUSD trending upwards into verified resistance at 1.3200 if there is not major fundamentals news
The next support level zone creating from turncoat resistance
