EurNzd LongEurNzd has formed the Reversal Wedge, now we are also seeing the break, we have to wait until the day candle manages to close over the area 1.5980,
if the daily candle closes over the area, we can wait for a small return, and we can go buy.
Buy position from: 1.5980 and 1.6000
Stop loss: 1.5860
Target reward 1x2.7 at 1.630
Waitforthepullback
GbpAud Long termGbpAud has been down for 2 months, it means we had big strength from Aud without any pullback.
Now Audusd has reached super resistance and now it's reacting , it means if Audusd is going short , GbpAud its directly concerned from Audusd pair and GbpAud will go long.
We can find here a good position for long at :1.7275 with a stop loss at :1.7170 and profit target reward 1:4x2 at price 1.7720.
WAIT PULLBACK ON RESISTANCE - 6J1! JAPANESE YEN TRAPPED IN RANGEThank you for your likes! Really appreciated! Thank you to share with everyone in the community.
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The market is trapped in a range . Wait for a break of the support/resistance.
The resistance has been tested several times . this has increased the probability of seeing a pullback
happening again at that price level.
Solution:
- Wait for pullback on resistance or break of support before entry.
-If you are already in, take your profits when possible and wait strong signal to enter again.
Audcad gartley bearish, sidewaytrend- flag pennet? Hello, hope u all have a great easter.
Here i looking on Australian doller/Canadian dollar.
We got some sideway's trend.
ill, be looking for the 0.786 fibonacci retracement X-A leg.
Target 1: 0.99059
Target 2: 0.98969
stop loss:0.99310
There will mine gartley complete.
We also got a nice falg pennet, if we broke over/under, that i will wait for a pullback, and go long/short.
Audcad, Fibernacci retracement 0.786 Tradning. "long" Daily.Hello, here we go Again.
Ill wait for the conformation on the dailey chart, and take the trade for 0.786 strategy.
We just broke over the "old HH" afther that, we will wait for the 0.786 retracement, from the HL- HH
Targets:
1.02332. "a few pips from the previous HH"
Stop loss:
0.99900. under the previous HL.
let's wait for the retracement and see.
RSI:
60 almost, and "in my option still pretty close to oversold. "70"