With the StochRSI being in the SELL zone on the Daily I am looking to enter once the BEARS break the counter trend line targeting .6817 - to .6750 Area Stop should be placed above the .7020 pivot area. Be aware that the 2hr is not in line with this move yet and once it is conformation would be more clear. If you like what you see lets start a conversation, hit the...
GBPNZD has been bearish for awhile now and it has reached the .618 Fib level on the daily chart. With yesterday's move it broke the CTL to the upside. With the ADX above 20 and the StochRSI in the Buy Zone this is a good place to get in. Stop because the ATR is 112 pips a day makes the stop have to be below the 1.9000 pivot level. Target the 1.9618 to 2.000 level....
After the decisive move that the EURUSD because of NFP and other reasons the trend of the EURUSD has turned to the BULLS favor on the monthly chart the Stochastic is in the BUY zone and I am looking for a slight retracement this week with the BEARS trying for one last push downward. The point that I am targeting is the 1.1280 - 1.1200 area for a potential...
