Get started

Technicals

GBPUSD | Hit One of the Supply AreasFriends, please support this idea with LIKE if you find it useful. We've been seeing a strong bullish trend from past few days, but now it hit one one of the SUPPLY area. I think we can go short now. Thank you for your support, I appreciate it. Disclaimer! This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Short
by Fx_Stormtrader
1
EUR/USD is starting to climb upSo in my previous post I have mentioned that I have decided to close it with a loss since it's now making sense that we have finally reached the bottom. RSI is slowly rising and a good bullish engulfing candle in the 12H time frame (can't show it here because this is just a free account lol). I don't mind if the price is still below the trend line since to me, a good candle beats them all. Anyways, we might be seeing a good movement here most probably next week as there's no exciting news for today. The target price is too far I know but that's the view of the nearest significant resistance. I wouldn't mind closing it a little bit earlier if we see some significant price rejection at some price levels.
Long
by EuroDollarTechnician
2