Just a trading idea showing where the entries could be using the FIB retracement
shorted the kiwi against the USD because of the trendline and bearish signs from macd
Shorting USD/CAD on the back that has touched the retracement and the stochastic indicator is showing overbought
Long GBP/NZD on the rejection of the support and stochastic showing oversold.
SHORT IT ON THE BREAK OF THE TRIANGLE AND RETRACEMENT.
Shorting the break of the triangle, and strong vs. weak
This is where smart money comes into play. the range been broken, and retraced the price, a short from the book.
Technical set-up favouring hardly the downside, MACD showing downside divergence, bearish cross, and a triangle to the downside that has already touched a few times that support around 93.5. Are you a bull or a bear on USD for the rest of the year ?
BTC broke the descending triangle, and fully retraced to the newer trend-line.
On the back of pound weakness because of the threat of a no-deal brexit, short the break of the channel.
definitely if the GDP numbers comes out as a beat on expectations on friday you should try the short.
Short EUR/NZD on the break of the trend line, retracement and MACD is about to make a bearish cross as it has gone almost parabolic.
BACK ON THE FUNDAMENTALS, THE EASING ON POLITICAL CRISIS ON GERMANY AND THE EASING ON THE USD RALLY HAVE BROUGHT BACK SOME EURO STRENGTH. we'll buy the broken trend line after the retracement,
Fundamentally: Fundamental analysis shows favour to this pair to go to the upside, as further strengthening to the euro is expected with the ECB forward guidance, and the Aussie is not tightening anytime soon from here. Technical analysis shows the pair just in the 200 day moving average and MACD bullis cross. Everything favours the upside.
After the break of the ascending channel and the pullback, short EUR/CHF.
Clean break of the trend line, pullback, and a great short opportunity. From the book.
If it closes today below the 200-day moving average, we will enter short tomorrow after the pullback.