Market gap has formed, a lot of liquidity has also been stopped out. can expect a plummet to fill the gap.
gap strategy keep risk management stronger
Strong support level, Gap above, uptrend, Stotastics is undersold
GBPUSD continuation SELL, gaining around 30-50+ pips. if first zone breaks then aim for second zone. use price action around the zones as confluence.
Candlewick has hit the 0.618 mark on Fibonacci and has created a reversal so looking for a new lower low
Undersold RSI, Been going bearish and went past a few lower highs. this indicates a downtrend however the market will need to breath and will form an uptrend where we will be taking our pips from
ONLY enter the trade when a reversal has formed and hit the 109.460 area, The first Take Profit is around 109.170 (30 PIPS) then the chart may become volatile due to the fundamentals especially the US building service permit. The second Take Profit is around 108.930 (60 PIPS).
A SL of around 30 PIPS and a TP or around 100PIPS, the RSI shows overbought and the price has hit the resistive area. Look for a reversal for confirmation.
A TP of 130 Pips and a SL 30 Pips, only BUY the price has Passed the SELL point and when the RSI is undersold along with a reversal that is about to emerge (Put a Pending Order)
RSI indicates overbought, do not place a sell trade until you see a reversal. Kept a high SL is around 50 pips a fake breakout can occur and trigger the SL too early and TP is around 80.
TP of around 60 pips and SL around 20 pips
rsi overbaught , looking to sell around 0.68251 with a SL of 40 pips and a TP of 120pips
Kept tight SL of around 35 pips and a TP of around 120 pips
undersold rsi looking for a reversal now
SL at 122.484 and TP at 125.100 And TP2 125.632
Kept a tight SL of around 50 - 60 pips as a break out could occur, a TP of 100 pips is used but close the trade when a reversal is seen
Head and Shoulders pattern forming, RSI is undersold, will exicute soon as the MACD crsses over and the 73.000 alert line is hit. SL is around 70 pips and TP is around 220 pips