Hi traders.
Considering a long position once it hits the black region stated, if daily pullbacks still occur.
RSI could look to approach oversold region, helping aid a reversal.
This is just technical analysis . Do not follow this trade blindly!
If you managed to read it this far down, thanks for reading this! If you could, please do offer your ideas &...
Pound Aussie is at a major support level from its long term channel, as you can see the market has already been making recently higher highs and higher lows in the buy zone, now the Daily has also formed a Bullish Engulfing Candlestick Formation breaking the CTL.
im waiting for a little pullback on the shorter time frame then its good to go.
pound aud we are heading up we could see some deeper retracements off the purple and blue lines going up if not the market could look like this
Happy trading
Kris
hi their so the outlook for me is simple:
I see this market correcting down a bit then making a move upwards : unsure when we will make the move upwards could be from either tp 1, 2 or 3 but I will be buying at each of these levels on the 15 min if price action shows higher highs. Happy trading everyone
Kris
Hi everyone here is my analysis on Pound Aud
great potential for a good pip trade if it plays out , at the moment I have drawn in the key areas where it will hit along with some key pitchfork and trend lines I will be looking at in the coming days looking at this trade
any questions let me know Kris
Hi everyone
what I see at the moment is if this market follows on this correction and if we see price action and some candle stick movement with confirmation to the down side then the following tps will be an idea for this market to hit
Hope everyone is having a great year trading
Kris
Hi everyone hope everyone is getting excited for Christmas
this market this is what I see could happen a correction going up as its hit one tp of 2 then drop down to the second orange line where it intersects with a couple pitchfork lines I have drawn
or in stead of going up for its correction we will make a lower close and head to the second tp as...
