Approaching strong support region. Awaiting some bullish pattern to form before entering the trade.
Breakout trade - BULLISH FLAG
What do you guys think?
Chart says it all.
Looks like a good long but be careful as it reaches an important Supply area.
Short nzdusd
long GBPJPY.
With MACD divergence USDJPY has made a double at a strong resistance.
PA could restest a major structure resistance around 1.04333.
Short USDCAD
Price could probably test the previous structure high.
Price could test the previous structure support (Demand zone).
Good shorting opportunity.
Price could probably test the previous structure.
Possible short opportunity. Wait for the confirmation! (Breakout)
Possible buy opportunity . Long USDCAD to previous structure.
Possible shorting opportunity.
Short
