GBPAUD Technical Analysis. Aussie losing strength on all pairs coincidentally ;)
In this breakdown I show you how to catch massive moves in the market, primarily in cryptocurrency pairs. Questions? Comment or DM me on Instagram @jaketradess and I will get back to you asap!
XRP is on a strong level of support that it loves to bounce off of as we've seen these last few months. As it reached this level again we can see it again create rejection off of this support, pair that with our lower timeframe breaks and higher timeframe respecting of the support and we have a very nice recipe for a few hundred pips upward. Much love to all!!
Buy idea for NZDUSD. Sorry for posting so late I was caught up. We see a beautiful retrace (which we also caught) after a massive push up. Retraced to the 50% Fibonacci level and made a strong level of support with substantial rejection. After the initial "tap" of the 50%, we see a new high created, followed by a higher low, and then a break of structure. It then...
My first trade idea on here! Welcome. NZDUSD showed HH's and HL's throughout the last couple of weeks. Each push up was followed by a retrace of at least 30-50 pips. Watched the H1 and M30 create a double top at a major level of resistance on the D1 and H4. Waited for a Bearish engulfing on the higher timeframe (H1) and a Break of Structure on the lower (M5-M15)...