GBPAUD made lower low and we think we are watching the end of the lower high, looking to take the next lower low
I´m developing a day-trading low risk strategy, let´s see how this trade works
NU may have done a higher low, so a new uptrend might begin, we´ll buy at the break of the downtrendline
AUDNZd has 2 important downtrendlines were price has been rejected. Plus, we have the break of the uptrendline, lets get that 3%
EURGBP has broken the daily trendline and we have the next upport as target. Lets get that 3%!
Now I will risk 1% to short USDCAD, this pair might break the bearish flag it has been developing for las 6 months for the next reasons: Fundamentaly: -OIl is expected to shot up to 60. (Already broke $50 reistance psicological leve) -USD raised rates(Not good) -Let´s see which one of this reasons weights more Technical: -ABCD pattern has formed in the flag...
NZDUSD broke recent daily trendline to the upside, today made a retest to that trendline, lets see if the downside momentum continues. Trade safe traders, regards!