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mywc
About me Keeping my ideas simple and realistic. Keep your comments and ideas coming in, thumbs up if you agree and like my post, thank you!
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Markets Allocation
90 % forex 3 % stocks 3 % cryptocurrency 5 % other
Top Mentioned Symbols
NZDUSD 38% | 15 AUDUSD 18% | 7 GBPNZD 10% | 4 AUDNZD 8% | 3
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GBP/NZD expecting a breakout soon!! LONG SETUP!
GBPNZD
, WLong
GBPNZD: GBP/NZD expecting a breakout soon!! LONG SETUP!

Will be watching this extremely closely, Reasons for breakout: a) we have a strong previous rejection at the 61.8% fibo level. b) prices have retested that area last week and rebounded strongly. c) MACD divergence in play d) with the poor NZD news yesterday, i expect NZD to fall even more to retest recent lows near 0.63 level A breakout and close above the...

NZD/USD SHORT
NZDUSD
, 240Short
NZDUSD: NZD/USD SHORT
Updated 

MACD on 4h turning negative, divergence in play. Expecting a breakout to retest lows and for weekly downtrend to resume. Hope this one plays out!

AUD/USD sell setup
AUDUSD
, 240Short
AUDUSD: AUD/USD sell setup

Posted a very similar chart yesterday. Prices rebounded strongly from the lower channel. However price does not seem to be able to breakout the upper channel as well. It is a trade worth taking, will add more shorts if price do close below the lower channel. All the best!

AUD/USD Short Setup
AUDUSD
, 240Short
AUDUSD: AUD/USD Short Setup
Updated 

Lower Low on 4h chart, 61.8% rejection at 0.715, good to short till next resistance.

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