WolfofElCerrito

WolfofElCerrito

Technical - Broke Channel

WolfofElCerrito

CHART EXPLAINS IT ALL - WAIT FOR LONDON OPEN - WATCH PRICE ACTION CAREFULLY - BUY IN DURING STRONG CANDLESTICK BREAK OF FLAG

WolfofElCerrito

LONG IF YOU NOTICE THIS PAIR HAS BEEN RETRACING RECENTLY HOWEVER A BIG CLUE THAT IT MIGHT GO UP - Higher close every retracement - It will most definetely hit 2.3900 Wolf of El Cerrito

WolfofElCerrito

EVENT RISK! *SCALP STRATEGY FOR EUR/USD BEFORE CONSUMER PRICE INDEX* 'IF LONG' - needs to brake resistance at 1.1045 for a possible long - T/P 1.805 ( Resistance Level ) - However will pull out if price action dictates consolidation or uncertainty. - Watch if price stays within the turquoise consolidation zone - Look for strong candlesticks 'IF SHORT' -...

WolfofElCerrito

GBD/NZD possible short signal, however needs to brake key support at 2.3920 to show a good indication of bearish trend. * If you look at 1 hour chart, their is a strong triple top resistance line at 2.4000 * However there is some event risk coming out of the UK on Tuesday 1:30 GMT * Will pull out before that, whether S/L or T/P hit. GOOD RISK TO REWARD S/L...