Dollar in correction mode: for this reason, USDJPY could go down, too.
i have been looking on this pair for quite a long time , i keep waiting the price break the trend line support ,as you can see the price has been supported 3 times(blue rectangle) before, and now the support has broken ,as you can see the red rectangle ,and all of these conclusion support me to short this pair
EUR CAD Tipo: BUY TF : D 1 ORDEN PENDIENTE AL PRECIO: 1.455 - 1.485 STOP : 1.435 Take Profit : TP1 1.52 - TP2 1.56 - TP3 1.60
AUDUSD a nice Rally , but we have to be carefully at this zone
BTCUSD it can be a nice range to Trade
Have a look and coment as well!!!
Very clean detailed S/R x Fibonacci retrace analysis, 62.8% retracement occurring last 2 candles suggest bullish momentum is dying out! This trade for me is a channel trade, I use Fibonacci and S/R to add confluence. Please zoom out and examine these areas The diagonal channel is 3 - 4 months old and very valid and we have seen price already bounce off the top...
looking at previous Price range, we can see it has broken the channel and is now heading for a retest of that level ( blue line). Because we're in a long term bullish trend, chances are we will see a bounce at that level, as we will also have a finished bullish gartley pattern and a AB=CD if we would continue a little lower, not violating our X leg.