EURGBP SHORT BANK MANIPULATION PURE PRICE ACTION SHORT
PURE PRICE ACTION BANK MANIPULATION AWAITING LONG NOW BEYOND TECHNICALS
Everything is written within the chart, all confluences applies, either take the trade or wait for a more define signal
Everything is describe in the chart, will update the progress before taking the trade and when to exit the trade
NZDUSD overall bullish market, broke inner minor down trend retest and rejected on major support zone and inner bull trend line.
NZDUSD Long 4h rejection on trend line and support zone.
Confluence 1: Strong rejection candles on the daily time frame Confluence 2 : Breaking of Trend Line dated 2 Jan 2019 Confluence 3 : Awaiting 50% retrace for Fibonacci Confluence 4 : Strong Bullish Inverted Hammer Candlestick Details : Sell Limit : 0.90090 Take Profit 1: 0.89307 Take Profit 2: 0.87555 Stop Loss : 0.90629
Explanation : This is a long term trade with 5 confluence Confluence 1 : Bull Trend Line on the Daily Chart Confluence 2 : Historical Minor Support line dating from December 2018 Confluence 3 : Fibonacci Retrace aligning at 61.8% on confluence 2 Confluence 4 : Historical Minor Resistance line line dating from November 2018 Confluence 5 : Awaiting Retest as well...
Explanation : This is a long term swing trade that will conclude in about 3 weeks. It show cases 5 confluences which are stated below for clarification. Confluence 1 :Bullish Trend line on the Daily Chart Confluence 2 :New Found Minor Support line dating back from 21st December 2018 Confluence 3 :Fibonacci Retrace showing the aligning of the 61.8% position...
Everything stated on the chart Simple Confluences Good Luck