NZDUSD Analysis Uptrend broken which has confirmed a new market structure now reversing into a downtrend, consisting on lower highs and lower lows. Predicting a small increase which is then to retest support and if this is to happen i would expect a price melt back down to original support from a few days ago 0.663 which is highlighted on the chart.
GBPUSD Long trade 1:4 RR Following the trends for the last few weeks I have identified a small range where i will be looking to get a long trade. This would represent a 4 to 1 reward to risk which i am aiming for. Any ideas/thoughts pleas share. Lewis
EURGBP Short Following the trend lines i see a potential opportunity for a small short which could be fulfilled very quickly. If the upper trendline is broken then a small loss would be incurred but with no reports coming out to push the fundamental trading it would suggest to follow the trend. Any advise/feeback is much appreciated as I'm only new to this. Lewis
EURJPY - Reward:Risk 3:1 I expect EURJPY to continue up the trend line until meeting previous resistance. Opportunity for a long trade on with the uptrend. Any advice/feedback would be great and much appreciated as I've only just started. Lewis
Long standing trend line resistance pushing towards a pinch point 3:1 Rewards-risk
AUDUSD Short due to trendlines are expected resistance bounce