gbp/usd awaiting confirmation... Multiple time frames always help you get a better understanding of where price is heading. History tends to repeat itself as they say.
Hoping price will try to retest the around the green area and then rally up, if it does im long on GBPNZD.
I think it will continue up to re test the respected zones of resistance.
RISK:REWARD is a bit crazy but you get the general idea.
If i had adjusted the stop loss accordingly this would've hit tp nicely. ah well. on to the next.
Personally I believe AUDNZD is in a downtrend. Showing Lower Highs and Lower Lows, the slight uptrend could be a sign of trend reversal however as it tried to retest and failed I believe this to be continuing down. Once confirmed by either breaking resistance line (red) or breaking trend line (green) will look for entry. Criticism and advice always welcomed as...
Just a quick go, looks okay from the 5 minute - 1hr chart but doesnt look as good on the 4hr so may just be a scalp.
Just a quick analysis of where gold could continue to go. But judging by the market gaps the last two weeks I imagine im well off. Appreciate all feedback and comments
This is literally my first attempt at analysis. Does this look anywhere close to correct or am i miles off?