NB; DONT SELL WITHOUT PRICE ACTION SHOWING REVERSAL UPDATE FROM FORMER IDEA.https://www.tradingview.com/chart/EURUSD/PsiCrfCs-EURUSD-POTENTIAL-MOVE/
REFER TO PREVIOUS ANALYSIS AT;https://www.tradingview.com/chart/NZDCHF/5ClT9p8v-sell-NZDCHF-MUST-WATCH/ FOLLOW, SHARE AND COMMENT
MAY SELL TO SUPPLY ZONE. THEN FORM POTENTIAL CUP AND HANDLE FORMATION.
SELL AT ONE OF TODAYS PIVOT POINT..27/5/2020 EXPECTING A FALSE BREAKOUT FOLLOWED BY A SELL(0.67000) REACHED SUPPLY ZONE BUY AUDUSD HIT 90+ PIPS TO THE ZONE
REASONS.. BACKDATE CHART TO YEAR 2011 WHEN GOLD WAS AT CURRENT PRICE. YOU WILL NOTICE A DROP TO 1600 LEVEL. MARKETS DONT FORGET EXPECTING TO SHORT IN THE NEXT WEEK.. CURRENTLY PRICE DO NOT ALLIGN AS 4 HOUR CHART HAS A FALLING WEDGE WHICH IS A BULLISH CONTINUATION PATTERN BUT THE DAILY SHOWS A BEARISH REVERSAL. WAIT FOR PRICE ACTION TO ALIGN AND ENTER A POSITIONAL...
POSITIONAL TRADE.. REASON. MARKET STRUCTURE FROM CHART
UPDATE.. ON PREVIOUS ANALYSIS
REASONS. RISING WEDGE TRENDLINE RSI DIVERGENCE !SELL AT ONE OF THE BLUE RAY LEVELS WHICH ARE MONDAYS PIVOT POINTS FOLLOW AND SHARE YOUR IDEAS TOO
BUY ORDER ACTIVATED AT 1.21700.. CLOSE 50 PIPS AND BREAKEVEN TO 1.3100.. OUR TP LINK TO TRADE..READ DESCRIPTION-https://www.tradingview.com/chart/GBPUSD/tlPt0FQA-positional-trade-GBPUSD-Long-trade/