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Gpbusd

NZDUSD broke above 0.7000, eyes on RBNZ today$NZDUSD broke above 0.7000. Investors are awaiting today’s decision of the Reserve Bank of New Zealand's (21:00 GMT) and we think the outcome will be a very close call. We raised the target on our short-term NZDUSD long to 0.7085, but we also locked in profit at 0.6910. We keep our bullish view on the NZDUSD in the long term. The target in the investment part of the portfolio is 0.7300 growthaces.com Read more about our trading strategies and check profitability: growthaces.com
Long
by GrowthAces
GU long with trendchannel and 78,6% - Atleast 1:5 RR (wide SL)GBPUSD is lining up with a very good long on both 1h and 4h chart. We have our trendchannel with 2 test of low and 2 test of high, with a possible bounce for 3rd test of low, plus a 78,6% fib retracement in almost perfect allignment. I've decided to go with a wide SL below the prev swing low, but this is ALOT of room to work with, and you could easily narrow it down (since the trendchannel SHOULD be respected). For our target, then we have resistance overhead at 1.467, which looks plausibel in relation with the trendchannel
Long
by Mikkelfo
[LONGTERM] One potential LONG position on GBPUSDWe have one possible long position on the FX:GBPUSD 1. If price touches the blue area, check if there is divergence on either MACD or stoch . At the moment we can see MACD diverging from the price. If step 1 is fulfilled , continue. 2. If step is 1 fulfilled, we want to see either a double bottom or w/m pattern forming on 4H or 1H . Will demonstrate those patterns when the time comes. If step 2 is fulfilled , continue. 3. TP/SL will be set when necessary price action takes place in those areas. We will always wait for pullback no matter what. No pullback, no trade . If step 3 is fulfilled , continue. 4. Long when PRICE makes higher high . If it doesn't and instead makes lower low , abort this potential LONG. Horizontal line(purple): Big round number
Long
by TAFA94