Xauusd - Sell order activesHi there,
If you still believe in downtrend of the market, now it's your turn.
Namdaofx
GBPNZD - Place the buy orderGBPNZD - Plan for buy order
Looking for good position for buy with:
- Stoploss bellow: 1.94546
- Take profit: 1.97358
[EUR/AUD] SELL THE UPSIDE of THE TRADING RANGEHi Guys.
Please refer my analysis about EUR/AUD
Hope you a have good deal with it.
[GBP/USD] SELLER IS GONNA WIN THIS WAR?1. Weekly timeframe:
- Big Bearish trend bar after Market reaching to weekly resistance zone.
2. Daily timeframe:
- Market broke the uptrend structure.
3. H4 timeframe:
- New resistance zone was created near the uptrend structure break.
After reaching to this resistance zone, market created a new resistance zone -> This tell us about seller pressure is coming.
- Beside it, for trading pattern,
We can see the 1st TOP of W pattern appeared -> Where is the 2nd TOP of this pattern?
at this time. engulfing appeared -> This signal for 2nd leg.
=> So, with these informations,
+ New resistance + 2 top pattern -> We can place the sell order with stoploss above the 1st TOP.
