It is not time for long buy on GBP. As i see it it will go more down.
Let see what will happen, after the GBP and US news, now it is risky to trade, but this will still go down.
Rising wedge and divergence on MACD is showing that GBPAUD will make another leg down. First i was thinking that it might go more up, but what is graph showing is more important than my predictions.
Wait till around 1.795, than start looking for longs. Good risk reward trade ... hf:)
With a little correction, there is again potential for another big move up. Waiting for right time to go long :) hf
I am looking to long if it brakes this triangle with SL around 76.60. Good risk reward trade.
Looking for short this pair, for one more leg down, but be carefull at this point could go up to.
It is a trade with potencial, waiting for right time to go short. Gold could go to 1200 or lower.
Good risk reword trade, with SL over 129. It could go way down to 120.
I am expacting a little correction down to 1.624 area and then EUR will turn uphill to 1.745.
I expect that this pair will go down to 1.48 where is big support level. Ofc it will not be a straight line. I am looking for right time to short.
I am in short position from brake of triangle, looking down to 129.3 or lower.
After break of triangle and retracement I expact down move to 160. Waiting for conformation
Opportunity to go short if USD/CAD hit major resistance around 1.305
EUR/AUD reached top of downtrand, better seen on weekly chart, and probably top of uptrand in daily chart with divergence on stochastic showing that price could turn down to at least 1.465, with potencal to brake the long trandline and start downtrand. But this is a long shut.