The pound dollar has broken a downtrendline and is currently pulling back to it. Crucial zone in order to see if we'll get a bounce and bullish continuation or break of the support to give us a nice short to ride.
Safe trades everyone
NZDUSD is on a overextended bullish move currently, and moreover we are on a downtrendline and big resistance to this pair. I think shorting it would be a good idea when the correct setup to your strategy is there.
Safe trading everybody
The WTI has done an AB=CD pattern in daily theorically, we should just always wait for price action confirmation in order to jump in and target the otherside of the down channel .
Safe trades everyone,
After a bearish trend that has last a long long time, i have noticed a change with a divergence on MACD for the GBPAUD and secondly, we got a breakout of downtrend wedge.
Besides, we have the RSI indicator that has crossed on positive momentum.
Thus, either we wait for pullback on the breakout or we wait for breakout of 1.6842 to enter potential long.