Trade ideas for March 28 - April 1
Last week marked the consolidation for the most active assets of March 1-15 (which is oil and gold). But next week has a lot to show, be ready to take part!
GBP/USD: "V-Top" pushing price lower
2019-11-11 • Updated
Bulls faced a resistance at 1.2951, so we’ve got a “V-Top” pattern, which pushed the price to a support at 1.2774. Therefore, the pair is likely going to reach the nearest support at 1.2774 – 1.2727. Meanwhile, if we see a pullback from this area, there’ll be an option to have an upward price movement in the direction of the next resistance at 1.2911 – 1.3023.
We’ve got a “V-Top”, which has been confirmed. So, the market is likely going to decline towards the closest support at 1.2774 – 1.2727 during the day. Considering a possible pullback from these levels, there’s an opportunity to have a new high afterwards.
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WTT: Currency Pairs To Trade In April
Hello again my friends, it’s time for another episode of “What to Trade,” this time, for the month of April. As usual, I present to you some of my most anticipated trade ideas for the month of April, according to my technical analysis style. I therefore encourage you to do your due diligence, as always, and manage your risks appropriately.
EURUSD: Seeking liquidity in weekly selling zones. Key intraday levels.
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