USDCAD is showing a case of the Dejavu effect 1. We had a descending ABC correction 2. Once price broke out, we saw a bullish correction which resulted in an impulse 3. We had a minor bullish correction before the next big impulse We are waiting for price to create a minor bullish correction before jumping in for the next big move up.
Looking for strength for the EUR and some weakness for USD to take this back up will be looking at my DXY analysis to get the move on this pair ✔
With the USD we are expecting market to start rejecting soon bearish pressure to push this back down currently had some strength last week but also that right shoulder could extend a little more before we have a drop and have a buy on EURUSD ✔
Patiently waiting for DXY to complete left shoulder so we can enter this for a buy on the rejection !!!!
Price almost approached the right shoulder soon as price gets here I'm anticipating rejection from this are so we can BUY EURUSD
I will be looking at shorting this pair to take it down to at least 77.070 for the first TP..
Anticipating dollar strength and EUR weakness to take this down..
This trade idea looks good expecting weakness from the NZD and strength from the USD to take this down!!!! to at least the first TP and beyond!!
I'm seeing market breakdown short term bearish to at least 1801.00 some may say my sec tp is a little ambitious but i don't really take any trade that is gonna give less then 80 -150 pips minimum Trade With Caution :)
I can see GJ heading lower over the longer TF. We see it had a strong rejection over the strong confluence area. What im looking for in the coming week/weeks Breakout of the bearish channel tells me the fractals is complete and we will now start a bearish drop. My idea will be invalidated when price breaks above the weekly Trendline and stays above...
Looking to sell this to take it down for some nice pips
We are approaching structure and the Daily EMA where we are looking for a bounce. USD In a great place to buy
DXY is in an ascending correction. Ideally we would like one more push up to complete the 5 wave reversal wave pattern (ABCDE). Watching EURUSD .