If price can get above recent price action will enter long. Price looks to be reversing at current retracement level.
Retracement down within a channel. If breakout to the upside will enter long.
Expecting the most recent impulse to be complete in this area. Looking for a move down from here.
Trending lower, looking to enter off of a confirmation around .854. Would like to see a wick up to that area, and then a rejection of price.
Expecting to drop down to a further retracement of the recent leg higher on the Daily. Will be looking for some confirmation of a reversal on the Daily down to the 4Hr charts around the 1.044 area. With a confirmation, I will get long and expect price to break the recent high around 1.075.
USDCAD is retracing a move higher, looking to get long off of confirmation.
Another shot at a reversal signal on this retracement leg.
If current candle closes with a tail, I will set a sell stop a few pips below the body of the candle. I am expecting this to be a retrace of the recent move down, but will only enter with confirmation of a reversal signal.