Thread: Gbp/Aud
well actually I do consider i am holding a loss trade of 40-50 pips in this pair ,what do you sujst me to do .close now and re enter later or hold it till hit my stop loss in 70-80pips .hope there is a double top and my stop is 20-25 pips far away fron the previous top .i hope there should be a reversal or pull back because of the double top.if price came down i close my trade at break even
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Sell order:Bhai mary plan ya hai jub market support 1ko touch kry to sell k order lga den or se k tp support 2 ok kr den or stop loss resistance1 ok kr den
Buy order:jub market resistance1 ko touch kry to buy k order lga den or se k tp resistance2 ok kr den or se k stop loss support1 kr den.
Plan 2:sell order: jub market resistance3 ko touch kry sell order ok kr den or stop loss 20 pip kr den.
Buy order:jub market support3 ko touch kry to buy k order ok kr den.daily 30 or 40 pip profit easy.support and resistance indicator on chart.
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Spoiler:
Daily Forecast
Major Trend: Bullish
Time Frame: H1
Reason: Bollinger indicates rejection by the convergence trend, and the lowest point of just being at 2.0400, after which it will continue to retest the resistance at 2.0484
Recommendation: Buy
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I think that we should wait until the price break the resistance level at 2.0522 then we get in long position with take profit at 2.0847.
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Daily Forecast
Major Trend: Bullish
Time Frame: H1
Reason: Predicted, untu today the market is still going sideways in the range of 2.0153-2.0090. Going forward, the market will still continue the 261.8 Fibonacci at 2.0300
Recommendation: Buy
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Daily Forecast
Major Trend: Bullish
Time Frame: H4
Reason: Seen today that the market has rejected the second resistance at 2.0156. Meaning the next market will be heading back to the pivot point at 2.0006
Recommendation: Sell
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[IMG]vvcap.net/db/KJFoyjq8TOg15t5sTKBn.png[/IMG]
Daily Forecast
Major Trend: Bullish
Time Frame: H1
Reason: reversal pattern has formed, characterized by a trendline break. Henceforth, the market is still sideway in the range of 2.0098-1.9884. For now the market is still going to retest on 2.0098
Recommendation: Buy
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Daily Forecast
Major Trend: Bullish
Time Frame: H4
Reason: Some times the market can not break the Fibonacci 61.8 at 1,988. Furthermore, the market has a target located at the 161.8 Fibonacci at 2.0290
Recommendation: Buy
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
[IMG]vvcap.net/db/IOwIwvw7FpkMMRi6K1wl.png[/IMG]
Daily Forecast
Major Trend: Bearish
Time Frame: H1
Reason: Stochastic has reached the overbought area, and the possibility of the market will retest until the second support at 1.9857 or even lower
Recommendation: Sell
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Daily Forecast
Major Trend: Bullish
Time Frame: H1
Reason: At the close of Friday yesterday, the market has experienced strong bullish, then the market is predicted to be up on the Fibonacci 261.8 or above the third resistance at 2.0212
Recommendation: Buy
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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