Rebound
✅GBP_JPY LOCAL LONG🚀
✅GBP_JPY went down to retest a horizontal support of 180.500
Which makes me locally bullish biased
And I think that a move up
From the level is to be expected
Towards the target above at 181.500
LONG🚀
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🥇Gold reaches important support. Waiting for a reboundGold is reaching an important goal for us. We've been waiting for this. A test of the level of 1885.100 is being formed. On the background of distributive fall and strong sell-offs, a rebound may occur.
TA on the high timeframe:
1) A huge pool of liquidity is formed below the level of 1885, most likely, a false breakout should occur before the rebound
TA on the low timeframe:
1) The false breakout could be quick (a few 5-minute sections) or it could be a long one
2) Either way it should be expected. Price after a strong fall may enter a correction or consolidation phase
3) If a false breakout is formed (not yet started), the price will go under the level and will trade lower for some time, but after the growth and return above 1885, an active growth (buyback) will be formed
Key support📉: 1885
Key resistance📈: 1900
AUD-NZD Potantial Rebound! Buy!
Hello,Traders!
AUD-NZD is falling down
And will soon retest a
Horizontal support level
Of 1.073 from where
I will be expecting the
Pair to make a bullish rebound
And go up towards the target of 1.0781
Buy!
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