Long EUR/GBPThis pair provides a high-probability bullish trade. All you need to have is a working plan to trade or not to trade a breakout.
Wavepattern
AUDCAD - is in a corrective wave structure at the momentAUDCAD 0.03% currently appears to be in a smaller corrective structure at moment. Wave "c" appears to have just completed and an impulse wave down from the upper trend line has begun starting wave "d". I am expecting a possible buy setup and the start of the wave "e"/completion of wave "d". Watch for the buy setup if the wave "d" is completed. Thanks for looking at my idea.
GBPUSD Time To Go Up, But First A Short Term Sell SetupWe would come to a point that this massive drop in GBPUSD would come to end. Price is moving into a falling wedge pattern with MACD bullish divergence showing this down move is losing it's momentum. So what we should wait is for price to break above the pattern, watch for a buy setup and go long.
But first we could take a short term sell trade into the wedge. Price after a small impulsive move to the down has been into a correction, and a breakout below it will signal us going short.
Have an nice trading week, all..!
