I am shorting this pair after the massive move to upside, i believe we can see it close the gap on the daily chart later this week
Usdcad in a nice area for shorts, weekly resistance area, double top on the daily and a reversal pattern on the 4hr chart, keep in mind that the cad is highly influenced by the oil so anything can happen
good day so far for EJ, Rsi was 17 on the daily and this pair is in serious need to a correction to the upside, very high risk as there are a lot of news coming next week both from europe and from japan
Looking to go long on this pair if price will reverse on the weekly support line plus the weekly fib level
i am shorting sterling as i believe there is more downside potential in this pair. hopefully we can see at least a 100 pip movement this week
i believe this pair has some more downside potential
gold is looking really bullish in my eyes, i am taking it long to around 1275
we reached a critical level in my eyes, a nive 4h and daily support area, i hope we will see the sterling on the rise from here, 1-2 WL ratio facebook group : @ilforexil
Usd\Jpy is in an interesting place, a combination of the weekly 50 fib level, and a double bottom is setting in the daily chart, will definitely monitor this one for possible long opportunities
gold on the weekly view, will be looking for possible shorts at around 1273-1275
Eur Usd - Long Bios
I know that a lot of people are bearish on this pair. i still believe it has more upside potential
i am in here long with half postion, if touches down the 4hr support i will enter with the second postion. almost 1:2 R\R
My first target is at 1240
The asset is stretched in my eyes, RSI above 70 and i believe the we will see a crash on the EUR soon Just my onion, trade on your own risk
nice setup and good R/R ratio Trade at your own risk