SlattYSL

SlattYSL

I’m back. That’s all that needs to be said. In all seriousness, this looks like a potential H&S, so let’s capitalize on the potential!

SlattYSL

Cad is cappin. So, the Cad has been weak ever since their GDP came in lower than expected on Sept 29. They also printed 0% growth in October, so it's not a recession just yet because the trend is the same & not downward. ("The Canadian economy may have entered a technical recession, according to preliminary data from Statistics Canada, but experts say people may...

SlattYSL

Looks like a short setting up. it topped out around .8945 & created a lower high around .894. Although that is slight, it is based on the hourly timeframe. just want to take this trade back down to the .5% retraction level on my fib scale.

SlattYSL

just wanna see if I still got it. shorting audjpy. Seeing uptrend fake. All about timing in my eyes. educated guess.

SlattYSL

if gbpjpy fails to close above the 162.7 resistance, then it's going to continue it's recency short bias

SlattYSL Updated 

audjpy hasnt closed above 95.6 on a weekly level throughout this whole run. it's friday & pre london, i believe this pair is going to continue the trend of closing below 94.6 on the weekly level.

SlattYSL

personally selling eurcad back into the downtrend. lot size and tp along the chart

SlattYSL

audjpy hitting a resistance like no other, i believe we see sub 93.5 before we see a support, if any is there.

SlattYSL

this could possibly be a double bottom on larger time frames. also this pair is stuck! what i mean by that is , if you look at the weekly , every time the price goes below 1.754 (yellow .625 fib level) , it gets bought up leaving a wick. if this trend is going to continue then this should be a good area for a support bounce!

SlattYSL

This pair opened just under a weekly resistance. i see this pair slightly pulling back either way. whether its to continue its bullish run from one of the support/tp levels i have marked (94 & 93.2). RISKY!

SlattYSL

Cardano falling below this trendline it's been using as force to push up, is possibly breaking, i like the trade to the short side!

SlattYSL

this pair is being supported on the weekly time frame by a price of $6.8ish. i believe in a possible pull back to the $7.3ish to $8.4ish range expecting one of those to serve as a new short term resistance.

SlattYSL

Just TA here. When you look at the weekly area. 85.20ish is normally support. i just see this ABCD Extension pattern here and so i believe this pair is short to at least one of the circled fib levels!

SlattYSL

i forgot about the news but it gives me a better place to sell!

SlattYSL

I think this possible resistance for usdjpy. a lower high resistance one of the support levels listed on the chart!

SlattYSL

i dont believe this pair is bullish at all. usdcad hasn't closed above 1.3044 since in a long time and since May 12 it's been rejecting there and closing beneath it. with all the dollar strength there has been, due to mainly euro weakness, it doesn't show in usdcad that much. my money is on the short side!

SlattYSL

this pair seems to be stuck in between a rock and a hard place. unless this punctures the current resistance it is at , then this pair should be on a temporary dive back to a support zone

SlattYSL

after throwing a fib on this bounce up in the 500, i've been looking for a place to sell, and i believe this is the right place. The .125 fib extension to .375. never traded this before, not sure if the nfp payroll news will affect this.