IF PRICE MOVES AS ANALYSED, WE MIGHT HAVE A PROFITABLE SHORT OPPORTUNITY.
I am looking to short this one, then go long if price will play as i have anticipated.
If price plays as analysed we will have a pullback then drop south.
If price plays as i have anticipated we will have a rally which is basically a pullback then continue with a drop to the south.
On GBPJPY we have a demand zone which we recently broke now to be tested as supply around Fibonacci golden ratio level.
GBPNZD is in a range i am looking to sell it in October and my entry confirmation will be on a daily time frame.
The picture speaks louder that word.
#The probability not certainty I am seeing two opportunities possible to happen, though in the market anything can happen hence we apply proper risk management. The principle is losing less when losing and gaining more when wining. THE LONG OPPORTUNITY Before one could short GBPAUD there is a possibility for a long opportunity in which if price plays as i...