EURUSD potential long Okay, On my Higher timeframe the Daily we have an uptreand , so i was looking for a pullback(Discount) so i can try and join the uptrend, on my trading timeframe the 240 i was looking for a temporary downtrend. Price started to range between 1.11212 and 1.10742(Marked by green broken lines) this was a sign of sellers struggling to go lower low, but the buy ran away from my anticipated entry. So i waited to see if the sellers can come in again, currently price is pulling back to broken Resistance looking to turn support. If the test is weak ill buy but if the test comes in big candles ill have to go back and wait on the sidelines. feel free to share your views on this pair, and feel free to critic my analysis. With pip love.
Rubberbandman
GBPNZD buy 240 (correlation)GBPNZD is correlating with my other setup of GBPJPY, in fact the entire GBP pairs are showing signs of going long in the 240 chart , price was in a mini range after the pullback, recently we flew out of the range and now price looks like it is holding on the other side of the range, i am looking for buy setups in the next few candles if the conditions stays like this.