AUDNZD looking for higher SND Zone before continue follow the channel.
AUDUSD short before continue riding channel.
REASON FOR SELL : 1. BREAK MAJOR TRENDLINE 2. KEEP MAKING LOWER LOW COMFIRMATION : 1. WAIT FOR BREAKOUT THE YELLOW TRENDLINE (trendline at lower TF) TARGET PRICE : BULLISH ENGULFING AT H1 STOP LOSS : PREVIOUS HIGH / PRICE MAKE A HIGHER HIGH AFTER TRENDLINE BREAKOUT
REASONS : 1. EURUSD in corrective mode after the long rally / impulsive waves. COMFIRMATION : 1. Wait for the price break the channel TARGET PRICE : NEXT SND ZONE ABOVE STOP LOSS : IF price makes lower low post breakout.
REASON FOR BUY : 1. Price rejected major trendline 2. Price unable to break SND zone (bullish engulf candle at TF M5) COMFIRMATION : 1. Make sure price break yellow trendline before making an entry. TAKE PROFIT : Next SND zone marked. STOP LOSS : Previous low.
REASON : 1. PRICE at low ascending channel. 2. PRICE rejected SND ZONE @ M5 TAKE PROFIT : NEXT SND ZONE STOP LOSS ; PREVIOUS LOW
EURGBP ANALYSIS : REASON FOR SHORT : 1. PRICE IS AT UPPER CHANNEL 2. PRICE IS AT LEVEL 261 OF FIBONACCI COMFIRMATION : 1. PRICE ALREADY BREAK LOW TF M15 2. BREAK TRENDLINE TF M15 3. BEARISH ENGULF APPEAR AT H4
REASON for short : 1. REJECTED bearish engulfing candle at H4 2. QML / Head and Shoulders pattern to be appear 3. Failed to make new high currently INSTANT SHORT if : 1. PRICE break yellow trendline or wait for retracement