I expect to see price come down to this red line before going up, liquidity is what moves the market. I am not going to risk more than 10pips on this trade, i expect the fundamental to help this movement to be achieved.
i am looking at a sell for gold to clear the liquidity which have being created in the 1H timeframe, of which it will go up. to trade let it sell then you buy. if not i guess i will be out of the trade, to enter go to your 5mins to buy.
there have being an equal low broken, to the sell side and double bottom has being created in this timeframe. going to the lower TF, we would see a Head and shoulder
From the chart we can see a market structure form taking place, we are looking at selling heavily to clear the liquidity below before anything else will be done. our entries will be based on the 15min conditions met.
Looking at the the monthly outlook, to the H4, you will see the triangle pattern looking toward the monthly supply zone. For every retracement is an opportunity to buy.
In the chart pattern, Nzd is gaining ground to movement more than Gbp, we know that commodity currency has being doing well compared to what was expected of it do , in the sense of being weak.Moving with the trendline, the GbpNzd is aheading to a downward slope on the trendline having touched a resistant last week, the market mover has held it since last week i...
GBPNZD has fulfilled the Bc movement heading to CD, which will likely take the 7-8 days to accomplish, either we follow it complete the movement and then we can trade downward using 15mins for entries levels
The euraud pair has broken out from the normal downtrend with an upward movement with an expectation of 150pips movement, kindly cross check with your analysis before trading
There will be a big movement to the downward, even though there is a breakout from the trend-line.
price is will naturally be pulled to 200EMA, which makes our entries valid, going to the 4hrs will even strength you of its validate
There is a Strong resistance on this pair in the 4h timeframe, which has stood the taste of time very valid, upholding the fact that the downward trend still continues, which gives us an opportunity to look for entries in the lower timeframe, either in the 15mins or in the 1hr
