Audnzd Big Buy Boiling!!!!!!
It is now at big support... Just kissed today's daily support 1.0385..
For today I am thinking it will return back to 1.044 or higher.. Break of 1.055 will take it to old highs close to 1.07..
Low risk deal with good gains. On 4hr it has Doji candle too..
Bitcoin Sell Brewing! 8500 to 7300 on cards below 11,200!!!!
Btc unable unable to clear 11,200 resistance and trading below middle Bollinger Band!
Yesterday it closed daily above 20 Ema on Daily Time Frame but unable to hold it.. and returned back..
On 4hr it is in process of making Inverted Head and shoulders pattern and if it is really making.. Then low of...
200 SMA Trade Setup
Last month usdchf posted new highs and it went up resistances of 2 years... To me its just retracement for more 300 to 400 pips high... Price is still coiling above 1.01 and 200 sma of 4hr (red line)
Old broken highs are close to 1.0132... And price right now is close to it.. As far as it is trading above 200 sma of 4hr and 1.0065.. It is...
Repeat The History!!!!! Simple & Clear!
In Trading often old supports and resistances are used for trading.. And so is the case with my this setup.... Prices fallen exactly from old highs and going exactly to same lows it made last time.. (plz. check left of chart and red horizontal lines)
Buy limit: 57.5
Stop Out: 53
Take Profit: As per your appetite :)
Simple & Clear TRADE Setup... SHORT!
A very simple and clear setup of gbpaud... On 4hr it is unable to close candle above 200 sma and on daily chart it is still in bearish channel...
Special note.. Fridays are bearish for GBP crosses.