Shetradesrsa
Short-Term GBPUSD Short This Shorting opportunity could also be an opportunity for an entry for a longer term hold.
GBPUSD on the move for a longer term sell so we are looking for opportunities to ride the wave down.
- FVG at 0.79 fib level as point of entry
- Asian range highs are taken out
- Previous liquidity has to be taken out
- Targeting the previous low
EURNZD - Potential SellEURNZD is currently in an area of supply, and has been ranging in this area throughout the week.
There is an opportunity for a potential intraday sell and a possible entry for a long-term sell. Price took out the previous highs, broke structure in the 15min timeframe. I am waiting for it to take our the Asian range high, into the point of interest. Note, the point of interest retraced to 80% fib level
EURNZD - Potential Sell (The Bigger Picture)So here is the bigger picture on EURNZD
The price has taken out previous highs and filled in the fair value gap and traded into the area of supply. Once price breaks below the range, there will be selling opportunities within the range.
Pay attention to the smaller timeframe price action