Based on my chart, does this look like a selling opportunity?
Based on my chart analysis, I see that the daily chart is going down at the moment. Does it look like the next move will be down? Does this look like a strong sell?
I have marked up my chart on the Daily. In this chart for 9-9, I see a bullish engulfing pattern. That usually means a sell. Based on this information, if I just wanted 30 pips, what stop loss and take profit would you suggest? Where would I enter this trade?
I am looking at the UJ pair. I believe that there may be a possible move to the upside. Can anyone help?
Here is a markup of my GBPNZD chart with a trendline. I think, if the candles close above the trendline, I think I would be in a buy. I looked at the left, and it seems as the line where the candle would cross and close is where a buy has been. Please help.