Do your own analysis ...
Dont Forget Moving StopLoss At Breakeven
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for...
My previous analysis of EURNZD Sell entry was to wait for a daily bear candlestick formation. We now have the green light.
1. Sell at retest of weekly downtrend line @ .8920 area.
2. Current price of 0.8897
1. Pair currently trading in downwards channel acting as resistance.
2. Daily Uptrend line has been broken with a close under it.
so GBPUSD is in an interesting spot at the moment. I think that if it holds up at this current level, we'll see a retest of the highs, HOWEVER, I'd love to a bigger drop to that 77-88 fib area.
No crazy projections here. Aiming for 30 pips on this one, but will definitely leave a runner if the idea holds. For more markups and ideas like this, be sure to follow me...
this is a long call on eu and its based on my analysis which is always explained and brought to conclusion with the help of the FIB and those 50% marks which is shown by my parallel lines and dotted lines which resemble the other percent marks off the FIB, and break and retest, $M@RT M@NEY$,
STOP LOSS placed and TAKE PROFIT, thank you for sticking along. lets go!