Welcome to the night trip 🙂

 

Today’s review of the week is for fans of methods overbalance Bryc’a Gilmore. Many currency pairs in this week reached 100% of typical ranges for each other.

 

We start with the EUR / USD is the signal for the correction on the weekly chart shows a small pin bar, which tested the set I support (based on the W1, on daily would be a zone). I think that might be a signal for growth, but it’s really not much space is not, and I think that growth will only corrective, although this may be the biggest correction since the couple began to fall so heavily.

 


GBP / USD – here we have the first example of application of the method overbalance. Declines fill just such a typical and uncommon range. You would at this point designate some support. To open a position lacking a clear signal of support, and also today’s weak data for the pound may for some time to promote its weakening. See how it goes.

 


EUR / GBP – was behind the trend line, but the price stops at the zone of resistance, of which the last time there were dynamic declines. The trend is downward, and such a scenario is possible, although there is no signal, and the momentum reaching the stop price is really strong.

 


NZD / USD – I decided to open a small position, because we have 100% coverage often encountered, a large correction, addition can lead such fast-track line connecting the last 3 holes. Position small, because the lack of support, which is slightly below the level of 0.84.

 


EUR / NZD – about a week ago I set a pending order, to which the activation ran out today a few pips. On the lower interval is seen as a strong rejection of 1.58, and the last four candles close below that level. Today’s candle is a beautiful and quite large pin bar, similar to the two that caused the reflection from the support, which is now resistance. And so we have a downward trend, a zone of resistance, candlestick signal, and in addition all support overbalance method, because we have 100% of a typical range of adjustments that occurred recently. You should also mention the positive points swap that for many brokers over the weekend are calculated in triplicate. Hence, part of an open today, and some waiting in pending orders.

 

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