I am looking for a correction in this pair and then ride it to the downside.
This pair is maximum rewarding with this move.
I have to be looking t the break of the trend line for the down move.
Then later enter into the market.
I will be entering on the break of this channel. It has huge potential to move to the downside.
goo potential to make a couple of move/
may go on for week.
if it doesnt break the channel to the upside i will be entering the trade.
I am looking for this pair to break abbove this traingle and move to the upside. to complete the larger pattern.
or
it may also form a channel downand the break the bigger pattern. and move to the downside.
but before everything i am looking for it to break the triangle to the upperside.
GBPUSD looks good and i have just entered a buy. this is a smaller time trade. yesterday gbpusd paid well. Looking for gbpusd to reach for the top of the channel and then fall all the way back down.
lets see.
I have taken a sell order on GBPNZD. nice flag formation. hopefully the correction is now over and the impluse starts again.
I will keep this trade open for a few days. this might take 2 weeks to complete the move if not agressive.
Hey there,
I have been posting a lot of priivate ideas, now i have made up my mind to post public ideas. so here you go.
I am seeing a possible move to the upside.
The currency is being inside a big corrective phase.
Enter at the bottom of the channel for less risk if any reversals.
It very less likely to break to the downside.
More updates as and when the pair moves.
I am looking a possible up-move on this pair.
Two ways this can play out.
1. Go back down for another down-wave and then pull up.
2. Go directly to the upside.
I am looking at the lower tmeframes for the trades and possibilities.
I have to posting more updates on this pair because this has a potential of a total 1100 PIPS.
Best move is the pair pulling down...
