The history never lies, yes, I get something interesting that channel lines we have today are repeated from 2009 and 2002. So I think I will always buy for this pair and sometime going to sell if I see a deep correction. So, good luck and don't forget use your money management rule.
I see AUDUSD pair form Head and Shoulder formation but it is also confirmed that this pair reach the support trendline 3 times. So, my assumption is this pair will going to 0,61% Fibonacci and if it broken, it will extend it's move to 0,78%. In 0,78 Fibonacci you can see there are 2 resistance line, horizontal and the trendline. I think it will be strong enough...
Wait for the break up for the 38,2% fibo and targeting for 23,6% fibo
Generally, I see GBPUSD are under pressure for this week and this pair going to meet with 0,23% Fibonacci and support trendline which is tested for twice. I set my trading for buying GBPUSD with TP for 93 pips and then I will sell with TP 200 pips. If my setup with sell trade fails I still have about 20 pips in my pocket, so that's okay. In weekly chart you...
Hello guys, I want to share my opnion for EURAUD For this moment I miss to sell this pair and I don't want to enter the trade because it is about 1:1 risk, and I don't want it. I'm setting sell limit for 1.47403 with SL about 0,7% (in 1.46060) to prevent if there are any false break (like happened at 14th Sept 2016) and TP @1.50619 (100% Fibonacci and below...