As you can see I've highlighted the two resistance points for the GU, and I expect to see it go down. Not all the way to support probably, but you never know. What you almost certainly know, is that it resists to go out of structure. Best of trading!
We have a nice GU long option for the GU. At all times, wait for confirmation and lookout for breakouts. Don't trade it if it breaks through the support level or structure level. Again guys, watch the annotations in the chart and all best of luck!
Best of trading.
As you see there is a high structured consolidation going on on this NZDUSD pair. The consolidation is happening a lon time already, but this one seems extremely structured. Could be a good opportunity, or a pure technical failure.
Wait for sell around the green arrow ending, then sell. We're bearish, so that would suppose a down'trend', best of trading!
DISCLAIMER: I'm a beginner and this is an attempt to be as accurate as possible. I am still learning TA so I am not yet working with cyphers and other difficult stuff. If it's wrong or doesn't make any sense, please say that and say what...
We've got an uptrend and we're continiously setting new Higher Low's (HL's). Nice buy opp.
DISCLAIMER: I'm a beginner and this is an attempt to be as accurate as possible. I am still learning TA so I am not yet working with cyphers and other stuff. If it's wrong or doesn't make any sense, please say that and say what I'm doing wrong! I'm far from a pro!