GA possibly long or short depending

From its current price GA could go either way. There is strong support immediately below which could start a move higher towards the high, or above. Alternatively, it could break down through 2 or 3 pivots and drop a fair way. Will watch to see what develops. A long entry off support will be set up with a tight stop.

Dagangan aktif:

This pair is a little like EURAUD. It looks much better on a weekly chart. Wkly shows a bear flag in play since Oct. 2016. The current high is one of three in an expanding wedge formation. There may be a fourth high coming, but more likely it is breaking down now. The bottom for this move may well be under the floor of the flag. I will take any moves back toward the top as an opportunity to enter short.