Take short and then long but before you take long there are three way scenario here a reversal on 50%, 61.8% and 78.6% fibo retracement you need to spot a reversal candlestick pattern like pin bar near 50%, 61.8% and 78.6%.
On my analysis it breaks down on the bullish trend channel and the support line but it is still on the main bearish channel so take short until it reach the support line and then long. But before you take long wait for the confirmation of the candlestick pattern like engulfing and evening star.
Again you can wait for the momentum to take long or continue the rally and then long. This idea is good for tomorrow or maybe Wednesday to trigger this. Keep watch this,
Wait for the momentum, when the candlestick reach the mark that's the time to make long. Or you can continue the rally about 20-30 pips and then take long about 60-80-pips. This is only good for 2 days. Today it will reach the bottom or the mark and tomorrow will be the rally for long. Good luck traders. Hope this will help!
It bumps off on resistance level, so hold position till it reach the bottom of TP1. Whether you decide to continue to take TP2, but Im sure of it will go down deeply till it reach the bottomline. Relax and Enjoy. Let the money work for you!
EUR/USD is on the resistance line and I'm sure it will go short. As what I can see it confirmed with the inverted hammer and stochastic oscillator. Set a stop loss above the stick of inverted hammer and take profit about 40-50 pips.
I was too late to find out this chart. The evening star confirming with the support and the stochastic oscillator. Take profit if meets the resistance level and set a stop loss in the middle of the trend right on the red circle. Hope you like it. Good luck! Comment below if you find good or bad on this analysis.
Take SHORT hold trade until the end of November. Why? It is on the highest point that EUR/AUD meets, it wont go further so it means it will go down. This a GOOD opportunity to take big pips. Trade now! Set a stop loss above 30 pips.
Take long position for NZD/USD. It is on the lowest level since May, 2017. This a long term position. A BIG PIPS opportunity grab it now.! Put Stop Loss below on Hammer Candlestick. Hold trades for 1 1/2 month.
