so going to wait until it comes down to previous broken resistance, levels to hold are marked out above
The set up we look for presenting itself again... The chart speaks for it self lets press play
Meta looking great for a long today on open Fail, new low, gain, retest
GBP/AUS Weekly Medium bullish Currently fighting for 1.82933 monthly level as there seems to be an unrest level at 1.69 Has been making higher highs on the daily, has gained levels above If we was going to long id wait for it to gain the monthly and comes back to retest If it doesn't gain that monthly down we go :)
Pound pairs looking juicy this week Wedging on the monthly and weekly, just broke downward trend line on the weekly Decision time again the next day or so will give us clear direction great potential to break into the next blue trend line above Macd showing bullish divergence giving confluence to the idea above for a long, super tight stop
GBP/EUR Huge wedge on the monthly been getting held down for a long time, Weekly recently taken out the lows- strong bullish momentum, levels gained Currently backtesting downward trend line Looks good for a long (presuming this is not a false breakout) stop loss under trend line
DXY- looking for a response 92.691 decision time if the bounce is strong can take us up to 95 (probability 30%) More likely we will be looking to short that bounce for more movement to the downside this week down to 90.932 untested (70%) If target hit the lows at 89 might ba taken out If GBP/USD pairs align might be good for a long
Steady uptrend seems to be holding that daily level
Easy stop loss on the nke for a potential short play seem to be a strong stock at the moment so be careful play small
Get ready to catch this knives!
Oil has maintained a daily uptrend since 24th December 2018, pull back respected the trand and have been great buy opportunities Watch this space :)
Hi all, just wanted to see if i traded with this model in mind would it work in the real world apologises i havent got a clue what im doing x