juosedjbd

juosedjbd Updated 

Today price has tested a daily trendline which is in confluence with the 200ema and has showed rejection of this zone, but there is a secondary zone delimited for two trendlines 4 hour timeframe giving an extended zone around 1.5165 & 1.5190. So, keep an eye be patient and remember tomorrow is friday (trap day) and maybe this will be a good setup for next week.

juosedjbd Updated 

POSSIBLE DOUBLE BOTTOM PATTERN 4H SETUP FOR CADCHF WHICH IS TESTING A TRENDLINE AND A DEMAND AREA BETWEEN 0.7460 & 0.7480 PRICE OF INTEREST FOR GOING LONG. SO, USE PROPER RISK MANAGEMENT IF YOU TAKE THIS TRADE SETUP...

juosedjbd Updated 

THE MXN IS BEING UNDER PRESSURE DUE TO THE STRENGTHENING OF THE USD AND THE UNCERTAINTY ABOUT THE POLICIES OF THE NEW PRESIDENT AMLO. CLEARLY WE CAN SEE THE DAILY STRUCTURE OF THIS PAIR WHICH IS TESTING THE UPPER TRENDLINE AND GIVING US A POSSIBLE SCENARIO FOR GOING SHORT AROUND THE RESISTANCE ZONE BETWEEN 20.86 & 20.96 WITH STOP LOSE UP TO 21. LETS SEE HOW IT DEVELOPS!!!

juosedjbd

POSSIBLE SCENARIO FOR CADJPY: BREAK OF DAILY STRUCTURE AND DOWNSIDE MOVE TO THE BOTTOM OF THE WEEKLY STRUCTURE. DUE TO THIS PAIR FAILED TO HIT THE TOP OF THE WEEKLY STRUCTURE AROUND 91.000 GIVING A DOUBLE TOP WITHIN THE DAILY STRUCTURE AND FURTHER ACCELERATED DOWNSIDE MOVE. SO, PRICE OF INTEREST FOR GOING SHORT IS BETWEEN 85.90 & 86.25 AND STOP LOSE UP TO 86.45