As of Last Friday Closing. Many Pairs are showing a DAILY PINBAR! ie… CadJpy/ AUDJpy / GbpJpy / NzdJpy GBPUSD / AudUsd
BUT do look out on Monday how it will turnout! CAUTION: Market Moves The Way It Wants To Move !
ANALYSIS: (as of last Friday closing)-Y180413 1- WEEK and Month BAR is still showing up STRONG UP > So Technically should see TREND Continue Up to FIBS 50% and 61.8% > Do however Observe Daily Candle Movements for TREND CHANGE ! > Monitor H4/H1 for Higher Highs / Higher Lows etc for trend movements/Changes !!
PIN BAR (IF Well formed as will know by Monday Y180416) 2. Will Then PROBABLY see a Retracement Move b4 Continuation of UpTrend ! > RETRACE back to FIBS 23.6% @ 83.355 zone, & then UPTREND . Well lets see ..IF it WORKS OUT !!
CHEERS be NIMBLE-STAY SAFE !!
Trade active
H1 Entry !! LOOK for LONG IF Price Breaks above 85.49 1st TP @ 86.12 ( approx 60 PIPS Profit)
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