Structure broken, if you see a retest and a confirmation to short, then you good to go and sell this pair next week. 35 pips Sell the pair at 109.690 Target area at 109. 32 Stop-loss as 15 pips from the broken structure and good luck. Happy weekend
Hey Traders, Longing this pair after it has retested the broken resistance turned into support and it is a Fibonacci level of 0.618. Good Luck
Hey Traders, Self Explaining Chart on AUDCAD Analysis for next week. Happy Weekend Kamal
Hey Traders, Self Explaining Chart on AUDCAD Analysis for next week. Happy Weekend Kamal
Hey Traders, Scenario 1: GBPUSD has broken the resistance line and we are waiting for the retest of the broken structure turning into support, once we confirm that the market has bounced off the retested support line, we can buy the pair and exit of the resistance line indicated in the chart. Scenario 2: If the market is able to reach and bounce the resistance...