It will be great to have price close above the Greenline with a daily candle. Then look for a candle confirmation after the daily candle close!! Stop-loss below the Greenline. Take profit at the BLACKLINE above. 600pips.
After months of price ranging in that box 📦, we finally saw a clean break out of the box 📦 wait for the retracment into the 0.65100 level (YELLOWBAY) and look for a bearish engulfing daily candle at that level. Stop loss above the (YELLOWBAY) Take 50% of your profits at the 0.63449 level (158pips) and move your Stop-loss to breakeven and hold for another 800pips...
After the creation of an inverse head and shoulder on the weekly Time frame on GBPNZD, followed by a break and restest on neck-line on the inverse head and shoulder pattern, it is expected for price to continue bullish. However, you will to see a daily engulfing candle on that support level to confirm buying pressure. Stop loss below the zone. Take profit at the...