Jertt_fx
NZDUSD Channel AnalysisOn the NZDUSD analysis we can see the bigger picture where there is a channel down currently reaching for the top trendline while the channel down on a bigger timeframe is going there has been formed a channel up on a 4h chart where there could be some great possibilities of a shorter term trades of buy and sell if the channel up continues, when the channel up finishes we could be waiting for a breakout of the channel down and continue to a bigger uptrend or either we could se the price respect the channel down and continue to a long term sell. Hoping that it will give us a good entry!
Will the GBPJPY rally continue to a bigger uptrend?I've caught 2 good entries on GBPJPY currently the first one hit the take profit at 400+ pips the second entry is now standing at 240+ pips on profit I've taken of the take profit of the second entry, I think this uptrend rally is going to continue to an even bigger uptrend on GBPJPY we might see a pullback to some zones on bigger timeframes but overall it looks bullish! I will continue to follow the price with the stop loss! Tell me your thoughts on the comments!