Detected pattern in forming now and it is somewhere between a flat and triangle. Two scenarios for GBP/USD are as following:
1. Long GBP/USD at the current price level with stop loss below the recent lows at H4 TF. Tp at the upper trend line.
2. Looking for a short, if the current lows will be broken down. Tp@1.295x should be the considering end...
I am waiting for a breakout to get in, there is higher value area above to reach today at US trading session. It is good to long US30@26200.00; Tp and Sl are to see on the depicted chart.
Anyone is in buying or selling EUR/AUD at the moment? I prefer to keep waiting for a short EUR/AUD. Any further breakdown the lower support line, then short on the rally.
A up move scenario could be occurred and it will lead the price action higher to breakup the upper trend line, at that zone immediately resistance should be at around 1.1593x, short...
It has been a big down move for Kiwi in this earlier Asian trading session. I think it is now the way for NZD/USD to reach lower level at 0.657xx with very high probability, so that C leg in flat correction will be finished. So keep further shorting it.
Fundamental point of view there are some important news about #Brexit will be decided by the House of Commons, so there is volatility with Cable to expect.
Technical point of view any further move downside can lead he price action to a lower zone at around 1.31000 as support in the short term.
I prefer to short GBP/USD on rally fo...
It is impressive with GBP/USD recently, long and strong up move, hope you all catch the move, too. So for now I think the strong up move will be paused for some times with ups and downs scenarios, but zone to reach is probably at around 1.316xx in the coming month March.
Hi fellow traders,
USD/JPY looks good to go long; the technical level @ 107.7xx if would be broken up, then there is more spcae for USD/JPY to move up.
Take your look at the depicted chart for more info.
Hello fellow traders,
Bitcoin and other altcoins are discussed very much, some are fans thereof, some are haters. So we are in the middle, that means there is good chance to jump in, then in, see good profits, then get out, or get losses. It is always more comfortable if we can define by ourselves that how much we can loss and then can bear. If this questions are...