Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1.0531). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . AUDNZD is in a range bound and the beginning of downtrend is expected. .The price is above the 21-Day WEMA which acts as a...
CONFIRMATIONS: 1. Hit fib 50-61% 2. break trendline/ retest 3. 21/8 crossover 4. forming H&S 5. RSI Divergence 1h/4h
Confirmations that we have: 1. Rising wedge break/Retest 2.RSI Divergence 1h/4h 3. 21/8 crossover 4. double top break/retest 5. Hit Fib 50-61%
After long uptrend it may reversible watch it...it may gives over 1000 pips
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (2.0204). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . GBPAUD is in a range bound and the beginning of downtrend is expected. .The price is above the 21-Day WEMA which acts as a...
Trading suggestion: . There is still a possibility of temporary retracement to suggested resistance line (1.0220). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . AUDNZD is in a range bound and the beginning of downtrend is expected. . The price is below the 21-Day WEMA which acts as a...