DXY, EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD
AIRBORNE WIRELESS NETWORK, ISHARES MSCI EMERGING INDEX FUND, ADVANCED MICRO DEVICES INC, AT&T INC, SPDR S&P 500, GENERAL ELECTRIC COMPANY
S&P 500, Nasdaq Composite, Dow 30, Nikkei 225, DAX Index, FTSE 100
Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
Why not? It will be good if GBPNZD if it forms an ABCD pattern. Plenty of buy and sell opportunities ;-)
Buying above the support area and selling below the support area is the best thing to do. But which support to consider? Triangle support? or Channel support? I will reserve my answer to my signal subscribers ;-)
If this intraday support hold, buy above it. If it fails to hold, sell below it.
Take Profit between 50% to 61% Fib
Set Stop Loss below S1 of Pivot.
1:1 Risk/Reward Ratio
This is just an idea.... but why not?
Sharing my current trades (see chart for explanation)
Our preference: Long positions above 0.6265 with targets @ 0.6377 & 0.64 in extension.
Alternative scenario: Below 0.6265 look for further downside with 0.6235 & 0.621 as targets.
Our preference: Short positions below 120.15 with targets @ 119 & 118.75 in extension.
Alternative scenario: Above 120.15 look for further upside with 120.55 & 121 as targets.
Our preference: Short positions below 0.7025 with targets @ 0.6935 & 0.69 in extension.
Alternative scenario: Above 0.7025 look for further upside with 0.706 & 0.709 as targets.
Our preference: Long positions above 1.116 with targets @ 1.133 & 1.1385 in extension.
Alternative scenario: Below 1.116 look for further downside with 1.1105 & 1.107 as targets.