Price has broken out of the continuation pattern.
As I predicted price did exactly that, went up to the big boys zone got to the big boys orders and then dropped.
We've been awaiting to get to our Sell Area which its at now. Our short buy orders we're never triggered. The pair is looking for down for a longer period of time.
As we can see on the chart price missed my order area with a few pips. I wont say much about this one I just hope some of you managed to catch and please leave your comments and pairs would like me to analyse in future.
The Market failed to create and violate Supply and rejected on a base with a chart pattern.
On this pair I will be looking to buy it short term to sell it long term.
This week we have a very busy week ahead for the Dollar wiht its fundamental reports and NFP. On USDZAR, I'll be looking for sells with confirmations.
EURUSD looks very nice... With all the fundamentals coming up this week, it very interesting.
Looking at the structure of NZDCAD, it still looks like its respecting the rally phase. Await for market to reach the decision zone and then you can start buying.
Yesterday I sent out chart analysis and a signal to my subscribers to buy CADJPY as it was abiding by the rules of our strategy and the rules of SnD. The buy is in profit so far. We're going adjust our SL to BE because of the Trade Balance report coming up at 14:30pm African Time.
The market has violated most of our rules but still in drop phase market. We shall wait for the market to return back to the demand zone it created on the flip level and then from there we will look for our chance to buy the market and hold for a few days.