Looking to buy in it's current zone to the red sell zone, then I'll be holding shorts
I expect EURUSD to fall from it's current zone - looking for an entry on the smaller time frame.
Will be looking to hold this for a while, daily and weekly look like bearish potential.
Gold POI's where I will be looking to buy and sell this week (grey boxes)
Forgot to publish this - but you can see that GBPNZD dropped to the fresh supply zone (marked green) and rejected. Price may come back to re-test broken resistance turned support. Added confluences are 38.2 Fib, EMA 28, 100, 200 on the 4H. 50 & 28 on the Daily. 100 & 200 on the 1h.
Looking to buy GBPUSD on the fib, supported by 3rd touch of trendline, break/re-test of key level and 28, 50, 100, 200 EMA just below.
Wait for a rejection from key level and trendline & go long. Oil news this afternoon could push it up.
EURNZD Sell at 1.6850 Downtrend, 200 EMA on 4h, 61.8 Fib.
Interesting one for BOC tomorrow. H&S, strong key level, 38.2% fib.
Massive demand area. Dropped massively when it last reached this point.
Looking for a clean break through support and hopefully we end up meeting the next support level (TP just above it)
Price is at a strong support level and I am looking to go long on this pair
Price has broken through support, shot down and rejected. It then broke back through resistance and is now sitting at support. I expect a push higher. SL 0.66723