UPDATED ENTRY OF FORMER PUBLISHED TRADE... FOLLOW, LIKE AND COMMENT
ON THE COT REPORT EUR IS BULLISH WHILE CAD BEARISH.. EXPECTING PRICE TO SELL TO THE MONTHLY SUPPLY LEVEL..1.4800-1.4700(ALSO THE 0.618 FIBONACCI LEVEL OF THE WEEKLY IMPULSE WAVE) BEFORE REVERSING FOR THE TREND TO CONTINUE.. REASONS FOR THE SELL TO 1.4800,, IN THE ECLIPSE PART WE HAVE (METHOD 3 DROP) WHICH IS A BEARISH CONTINUATION PATTERN SO EXPECTING PRICE TO...
FUNDAMENTALS EURO IS STRENGTHENING.. SUPPLY ZONE. CUP AND HANDLE IN 2 HOURS CHART
GBPAUD HAS BROKEN THE MONTHLY SUPPORT ZONE EXPECTING IT TO REACH THE LOWER TRENDLINE ...IF BACKED UP BY THIS WEEK COT REPORT AND A HIGHER HIGH WE EXPECT A REVERSAL INTO AN UPTREND COMING WEEK.. FOLLOW FOR UPDATE ..THIS IS AN IDEA TO WATCH FOR NOT A TRADE
.REASONS FOR TRADE READ THIS FORMER EVALUATION
THIS IS AN UPDATE OF THE FOLLOWING TRADE WE EXPECT IT TO CONTINUE RISING TILL 109.00-109.500 ZONE THEN A SELL OFF..
Expecting price to rise from one of tomorrows pivot points and reach the upper trendline..
ANALYSIS;https://www.tradingview.com/chart/GBPUSD/89EiNPJv-150-pips-update-READ-DESCRIPTION/
GBPUSD has hit our first tp.. weekends report on both economies is that they are declining however USD is weaker due to the strikes for the black movement and its presidents case reveal by #Anonymous hence we expect GBPUSD to retrace till one of the dotted lines then continue with the uptrend till 1.3100 zone
Last week i had a bullish perception of GBPNZD but after release of the GDP report both economies are on a down move hence no economy is stronger or weaker than the other..SO if you took the trade exit.On my watchlist fpr next week incase it forms a higher high or one of the currencies gets an improvement
UPDATE;https://www.tradingview.com/chart/USDCAD/l0VZPgAx-USDCAD-SELL-LIMIT-ACTIVATED/