GBPAUD may bounce back from Supply zone to a good demand zone for buy. We will look for both oppurtunities. Aggressive traders set limt orders while conservative ones will look for confirmation patterns at these zones for trade entries.
Making use of selling momentum from 102.02 for 730 pips profit. Valid for the current week only.
Selling GBPUSD with 23 pips SL from 1.2850 zone for 132pips TP1
We shall be selling AUDCHF from 21 pips SL zone for 190pips profit or from 9 pips SL zone for 270 pips profit. RBA interest rate decision might not let it go much up so i am not ignoring the 21 pips SL zone since its also offering good RR.
Gold will react on all these levels, for half day atleast. Our previous marked level worked perfect.
Middle zone is best for 5 days trade. Rest two will also bounce the price back for atleast half day.
After we sell from levels shared today in previous chart, lets buy from the demand zone and hold for the week.
AUDCHF on resistance to fall for the week. Sell and hold for the week
GBPUSD weekly candle may close bearish. Will be selling from the hilighted level for whole remaining days of the week.
EURNZD going SELL from hilighted levels for whole week
Buying GBPCHF from the yellow levels and holding for the week.
Expecting CHFJPY current Week close above current week open.
If zone is big for you, take confirmation entry i.e. wait for bullish reaction from the zone on M30 or H1, a break of structure or a head and shoulders pattern on lower timeframes
GBPCHF buy idea. Expecting the bullish run begins with market open , if not, below zone is good enough to bounce it back up.
Entry 1.17400 SL 1.17120 TP1 1.18709 TP2 1.19452 TP3 1.19902