Are you ready?
Good evening Dynamic Traders,
Featuring on tonight's blog are the GBPCHF and the AUDNZD charts.
GBPCHF
Price on the below chart has been steadily climbing up being supported by the trendline. Having gone through the VI, it has come back for a retest. The question is was it a FBO or will it resume the trend up? Await the correct signals and employ ESLT for entry.

AUDNZD
This chart has featured on my blog several times recently but price has continued to oscillate. Therefore it continues to be on my watchlist because at some point price will complete its breather and break out.
Price has tested and restested the support line, all the while time producing lower highs and arguably lower lows. Price has broken through the support line, VI, and trendline is curently contemplating closing beyond the obstacles just mentioned. ESLT or similar filters will ensure you don't suffer if there is a FBO should price gain momentum and head further south.

Good Trading!
Bijal Shah
<< Back