Im looking to short Loonie around 1.32514 with a stop @ 1.33465 and final target of +430 pips @ 1.28215 1. Now if we dive deeper into why I'm leaning towards bearish first lets dive into our fundamentals, like most will know last week the US cut 25 basis points from the dollar for the first time in a decade, fundamentally that weakens the dollar but right off the...
Looking to take BTC down to 7234 from a outlook of the weekly TF candle we closed bearish, on the 4hr TF it has continued to respect the trend line, currently we are having a hard time breaking through 7950 once we get a push below there and closure we can anticipate a fast downfall to my projected take profit btc can't seem to break the region of around 8250 has...
As you can see to the average eye this may look like a sell opportunity on GN but to me it looks like a major buy, we have been stuck in a ranging market with GBPNZD for a month now and it seems to not want to break to the downside it keeps respecting a upwards channel to the upside, and from a daily timeframe view i have my trendline drawn and it is currently...
Trend Line was respected around 0.32400 zone where I anticipated a nice bounce back from there As you can see my first Take profit is at 0.34179 which has been a key reversal zone in prior price action if we are able to break through that zone I will be anticipating my take profit level #2 at 0.35044 which is another reversal zone and also is a strong...