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glennmercer glennmercer PRO CADJPY, 60, Long ,
CADJPY: CADJPY Long:  SMA Cluster + Unhit Pivots
214 0 14
CADJPY, 60 Long
CADJPY Long: SMA Cluster + Unhit Pivots

Hey traders! Here's a ranging pair up against a solid amount of support. The pair could break out toward the unhit pivot cluster. If the bullish trendline is broken, I will re-evaluate the position. For now, bias is bullish on the short-term. Cheers!

glennmercer glennmercer PRO EURUSD, 60, Short ,
EURUSD: EURUSD Short:  SMA Cluster Resistance
333 0 19
EURUSD, 60 Short
EURUSD Short: SMA Cluster Resistance

Hey traders! Lot's of SMA resistance here at this level. To add to the short bias, the short term trend is down and support is diluted down to 2:1 R/R. I will likely keep the trade on through TP if the timing is right, should the breakout occur at all. Updates to come. Happy trading!

glennmercer glennmercer PRO CADJPY, 60, Short ,
CADJPY: CADJPY 1H Short:  Daily EMA Rejection to AB=CD and TL Retest
74 0 8
CADJPY, 60 Short
CADJPY 1H Short: Daily EMA Rejection to AB=CD and TL Retest

The pair has shown rejection at the Daily EMA cluster which will protect a SL above this level. It has also already tested its average daily range and may retest the trendline. TP at retest or AB=CD with SL above the EMA cluster.

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