As we have pushed up now I will be expecting a 60% retest on a FIB level, for me to execute.
So this may be a retest for the market to continue up, so I am waiting to see how the market will react at 0,618 Fib level, so if we hold then I will be long on GBPCAD. Let me know what you think.
As the daily candle closed strong bullish, I am expecting for the next candle to continue bullish. All I wait to see is a retest on the fib retest level to execute. So let me know what you think on this one, for me it will be just a continuation.
As I said we had a deep retest and now I am looking for the creation of the new HH.
After a big move to the up side, we had a deep retest. Looking for a continuation to up side up to 1.99634.
The market pushed to the up side for 3 day without a significant retest, and on Thursday we had a deep retest and I we saw a reaction at 1.78815, I am targeting 1.81902.
If you are checking over the NZDUSD this AM or PM... You are asking where would I long? In line with natural market movement...
Here is my idea on this pair from the actual level the market can go down on the 0.618 Fibonacci level for a retest, and from 90.621 the market can start going up until it reaches the D extension level. Let me know what you think.