Hello traders. AUDUSD has current formed a beautiful W structure. The price is currently testing the neckline resistance which is marked in red circle. From here the possible scenario could be: 1. If it rejects from the neckline, we can see a strong bullish move to the up side and we can book our profits as shown. 2. If it breaks the neckline, we can see a...
Hello traders. GBPJPY has fully completed it M structure formation, retested it , and is current started to reject the the neckline of the M structure that. This is the best time to enter the short position. This will yield a huge profit on long run. TP 1 : 149.955 TP 2 : 146.630 Note: Take entry in a intraday timeframe for precision. Goodluck for your...
Hello traders. GBPUSD had created a beautiful M structure previously and now has retested (Retraced to) the neckline of the M structure and shown above. Rejection of the necklines, shows a clear and strong indication of continuing bullish movement. Target price 1.28282
Hello traders. GBPUSD had created a beautiful M structure previously and now has retested (Retraced to) the neckline of the M structure and shown above. Rejection of the necklines, shows a clear and strong indication of continuing bullish movement. Short your positions from MO day session opening and hold it for a long period of time with Targeted price 1.27555