DanielWangR

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Markets Allocation
100 % forex
Top Mentioned Symbols
NZDJPY 25% | 1 EURGBP 25% | 1 EURCAD 25% | 1 GBPCAD 25% | 1
DanielWangR DanielWangR GBPCAD, W, Long ,
GBPCAD: GBPCAD possible reversal
117 0 4
GBPCAD, W Long
GBPCAD possible reversal

Keeping my eyes tight on this one. 0.500 retracement from March 2013, and very important psychological and historical support level of 1.81 SL and TP as shown on chart

DanielWangR DanielWangR NZDJPY, 240, Short ,
NZDJPY: NZDJPY possible end of retracement and back to downtrend
196 0 4
NZDJPY, 240 Short
NZDJPY possible end of retracement and back to downtrend

Downtrend in NJ probably going to continue after 0.500 retracement and hitting of the daily R1 Resistance + trendline resistance. SL and TP shown on charts. Let me know what you think!

DanielWangR DanielWangR EURGBP, 240, Short ,
EURGBP: EG breaks consolidation and heading towards support trendline
113 0 2
EURGBP, 240 Short
EG breaks consolidation and heading towards support trendline

As seen on chart, EG breaks out of consolidation wedge and is headed for lower lows. Expect it to test trendline, and whether it bounces or not depends largely on fears of Brexit.

DanielWangR DanielWangR EURCAD, D, Long ,
EURCAD: Possible bounce off 0.500 Fib Level and Daily Support trendline
78 0 1
EURCAD, D Long
Possible bounce off 0.500 Fib Level and Daily Support trendline

We are seeing EC approaching and testing the daily support trend line and the 0.500 Fib level since March 2015. Further breakdown of trend will see EC test the weekly support trend line. Monitor closely and set your stoploss below previous lows. SL: 1.4375 T1: 1.4950 T2: 1.5370

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