tigo2020

tigo2020

Explanation in Chart

tigo2020

Expecting GBPAUD to retrace down to 1.8000 before moving back up again to 2.000 or higher. Weekly and Daily Time frames confirm that

tigo2020

Looking to Short AUD/CHF at 0.8668 area

tigo2020

NZD/USD is trading above the 50 & 100 SMA. I am expecting the price will move down to touch the 50SMA before heading back up. A stop sell order will be triggered at 0.8640 with TP1 @ 0.8612 (50% of position) - Moving SL to Break Even - Second Profit Target @ 0.8572 - SL after entry is triggered is above the range @ 0.8710

tigo2020

Apple 1H Chart is showing divergence and oversold condition (RSI above 70). If price starts to decline and breaks the uptrend line, I will go short until 598 as a first target and 593 as a second target. If the Trend Line is not broken and price does not make a lower low, Apple will make newer highs.

tigo2020

Price is approaching the 200 EMA on the daily time frame which coincides with a previous resistance level that may act as new support. & the 1.618 extension of the down move. I expect the price to keep pushing down to 1.467 area before rising up to 1.50 to meet the down trend line.