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London-forex

GBPUSD London Open shorts maybe? Good Morning traders Today we have the non farm payrolls coming out, For now I have my eye on GBPUSD, expecting the volume to carry GBPUSD lower, Price is trying to break support, We need to see price break and close blow current m30 support and then retrace and reject before we can consider selling, My 1st target is at 1.25550 where I will secure most of my positions and leave the rest to continue, We have a clean range if around 34 pips so we could see price give us the push down with minimal struggle, I will be closing the trade before NFP should price fail to continue the push to the downside, again, we have to wait for the m30 candle to break and close below the 125.630 mark Happy trading, Renaldo Philander
Short
by Tradebudz
NZDCHF OVERALL LONGOverall we are long on this pair through conducting our top down analysis. On the monthly, weekly, daily time frame we have bullish signals. However, analysing the 4 hour window it seems as if the 5 Impulse wave is in play. If the 5th wave does complete around 0.64800-0.6500 we then can look for bearish signals for the corrective wave. However if price breaches and closed above 0.65100 then we can look for further bullish momentum to the upside. We would not be looking to short on the corrective wave until price has breached below the trendilne (Channel). The targets of the corrective wave are just an estimate, once we have bearish confirmation then we can look to set more accurate targets. For now are concentrating on the 5th wave
Long
by SERGENAYTUG94