Will be looking to short USDCAD here on confirmation of Lower Bear Flag Trendline as resistance.
im gonna go with short position this Friday as EU moved up the whole week with no pullbacks and still expecting a pullback to test Weekly Downtrend TL. Gonna Short and use weekly Downtrend TL as TP. Currently Short on EU already with a tight SL.
although daily pattern appears bearish (Bear Flag) EU Bulls could be on their way to test top range and complete final pattern wave. --Still waiting on a pullback to test Yellow TL, won't be long till a decent pullback occurs.
after the GBPJPY breakout off a falling wedge and bullish confirmation , taking along here for a final move up towards 133
Believe Bullish case at these levels would be a better RR trade but will play at safe and follow this setup to day/swing trade till it confirms Long term reversal. Mostly Long biased at this point, feel its too long to continue short imo.
Short EURUSD on Rising wedge reversal confirmation for a test of Weekly Downtrend TL, if not steer clear of a Weekly Breakout trend Continuation
USDCAD appears to be breaking Weekly Bear flag, will be looking to short on an intraday bearish bearish pullback.
Took a long on AUDUSD as it broke weekly Downtrend and tested trendline confirming bullish case. AUDUSD trading on a channel and take the trade on a range trade basis. Bottom of range to top of range unless trend says otherwise.
DXY appears to be forming a Bearish Dead Cat Bounce Pattern, Will be looking for a break of 95.45 to short, with a TP of $95.00 based on Pattern Measured Move.
Dont like Shorting Lows but given the bearish strength on GBPJPY taking a small risk for a daytrade. Shorting GJ looking at Lower Trendline of Falling Wedge or S1 as TP if it breaks and stays below 130.
Will be looking to Long EURUSD here on Bounce off Lower Trendline of Rising Wedge, EURUSD may make an attempt to break Weekly DownTrend Upper Trendline. Long on Confirmed Reversal.
Will be looking to Short USDJPY @ top of wedge near 101.559 or on break of Wedge as an attempt may be made to test support level @ $100.
GBPJPY appears to be finding support here and may reverse off an inverse Head and Shoulders if it can get past mid of RSI, will look to long if it moves up and find support above orange box and 50RSI.
Gonna look to Short EURGBP off double top and rising Wedge break... also believe the GBP hype is coming to an end and expecting some reversals on the GBP pairs.
EURUSD currently on Bearish Pennant Channel, will be looking to short EURUSD on Reversal confirmation for a range trade.
USDJPY has been struggling to move lower showing some strength at these levels, will be looking to long UJ on Reversal Confirmation at these levels. TP approx. 104.
Will be looking to Long AUDUSD on inverse Head and Shoulders Breakout confirmation, alot of consolidation so as they say, the longer the base the higher in space.
USDCAD appears to be forming a Bullish Pennant Flag, Will look to Long if price breaks and stays above current Pennant Resistance, Measured Target is Approx = 1.33250.