IG - smartmoneytrading
GN - 4H
Price is currently at the first magnetisation area, and looks like it wants to break through after failing to reverse at this area
As you know Teresa May is resigning as the PM on the 7th of June, so i do anticipate further downside to the main magnetisation area and you will see a stop/price momentum change when it does arrive at this area
There is no confidence in her as PM so her leaving could be seen as positive for GBP and could see a short term rally back up (i say short term because there is still Brexit uncertainty)
At the same time NZD central banks are looking to lower the interest rates which will weaken NZD and these 2 fundamentals together could produce a very nice run to the upside
Similar situation on GJ which will be coming soon
Please share this instagram and telegram account as there will be more to come (on an intraday scale aswell as swing trades)
All is for free, i am sick of seeing people posting analysis that makes no sense on a fundamental or technical level and costing people money also selling courses that are copied from baby pips!
Trade like the banks, not a retailer!
GN - 4H
Price is currently at the first magnetisation area, and looks like it wants to break through after failing to reverse at this area
As you know Teresa May is resigning as the PM on the 7th of June, so i do anticipate further downside to the main magnetisation area and you will see a stop/price momentum change when it does arrive at this area
There is no confidence in her as PM so her leaving could be seen as positive for GBP and could see a short term rally back up (i say short term because there is still Brexit uncertainty)
At the same time NZD central banks are looking to lower the interest rates which will weaken NZD and these 2 fundamentals together could produce a very nice run to the upside
Similar situation on GJ which will be coming soon
Please share this instagram and telegram account as there will be more to come (on an intraday scale aswell as swing trades)
All is for free, i am sick of seeing people posting analysis that makes no sense on a fundamental or technical level and costing people money also selling courses that are copied from baby pips!
Trade like the banks, not a retailer!
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Target hit to a T and reversal straight off the level!