Our RSI reversal strategy has presented a long trade on GBPUSD.
This is a new strategy script we are trialling at the moment.
Last trade included on the chart to show how this works.
New trade details are shown on the chart and we are working the 15M time frame.
Take profit is the green line. Pink line is stop loss.
Trade history can be seen below this trade...
Although gold is not showing strong movement, it still continues to follow my predictions.
First, the price reached the level of resistance and prepared for a fall. Then she turned around and began to fall.
Then it stayed in the resistance zone of 1792.36 before starting to...
The price left the channel in which it was moving in December 2020.
Last week it bounced off resistance 1.218 (upper channel line).
Then I came to the bottom line of support.
And broke it in the zone 1.206.
And then it continued to fall and broke through a strong resistance line.
This is the resistance line from the summer...
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It will head towards the downside at the support area, in case it is not broken, it will rise again to higher levels.
Here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the...
The price is above the Mirror level 0.87415.
We can look for an accurate Buy entry.
But you should use the predictable stop loss because of the trend is bearish.
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On the chart we see an increase in the reserve currency, and after the opening of the trading on Monday with the GAP, the pair could not win back its positions.
For the moment, the pair has found support level at 1.2850 mark and has pushed against it. We believe that the upward movement occurs within the framework of correction.
Therefore, we advise you to look...
Pair: NZDUSD 0.71518
CMP Entry: 0.71518
Take Profit : 0.69614
Stop loss : 0.72999
Risk Vs Reward: 1:1.74
Note: Everything works with Best money management.
Note: Please leave comments for any query.
Disclaimer: Trade at your own risk.