Sell-setup
GBPAUD Short Resistance levelon the 4H chart the long term resistance line has just been touched. this has been followed by a nice engulfing candle setup. the recent uptrend support line has also been broken. the 1H chart also shows what looks to me like a head and shoulders setup. all of this is telling me that i believe it will go short.
Short on EUR/NZD SELL SELL SELL Overall bias is Bearish
-Firstly we have bounced of key level of 1.7000
-we have broke trend line based off 4 hour time frame
-We had a small retest
-I do believe we will break previous lows
-Previous four hour candle was a bearish hammer
-A lot of wicks to the upside
Off the daily
-We can see huge wicks to the upside on the Ket level
-Yesterdays candle was a bearish engulfing
-We also had a triple top
so overall i am bearish on this pair
All the best
Short On AUD/USD SELL SELL SELL !!!(Change of heart after break)Reasons for
-We have broken our 4 Hour trend line to the downside
-Therefore we have broken structure and i 100% believe that after the break we are headed down
-We are going to get a impulse wave and this is a strong setup
- after all the long term trend is bearish !
Yes weve had two small losses but we are going to make it back on this one ;)
Also this is an aggressive entry you may want to wait for the pull back :)
On the daily we have put in a bearish engulfing
also the previous daily candle was huge bearish candle !
on the daily we can also price making Higher lows !
so we are headed down now i believe
My entry 0.70430