The previous set up did point towards going long, however the last time it broke above previous levels was jan 2016 so was slightly hesitant and didn't give me confidence, so after failing to give a solid break above structure, I am now waiting for a break back into previous structure and after a 4H close will wait for a break and retest on a smaller time frame...
Still looking for shorts, looking for a pullback and rejection to 0.61338 to look for shorts following a 15m close
JPY is still weakest currency so would potentially look for buys if the 4H closes above structure and a Bullish Engulfing on the smaller time frames
Looking for a 4H close either side to confirm direction and look for potential entries on the shorter time frame
My basis on the usd is bearish and price has come to around the current area and failed, so am waiting for a bullish close on the 4H before I would look for buys, alternatively in order to look for the sells I am looking for Bearish close on the daily candle in order to look for sells
My basis on the usd is bearish and price has come to around the current area and failed, so am waiting for a bullish close on the 4H before I would look for buys, alternatively in order to look for the sells I am looking for Bearish close on the daily candle in order to look for sells
Just waiting for the 4H close above the blue line and a bullish engulfing on a smaller time frame to look for buys
Took a buy on this on Friday and am still holding and the price has had multiple rejections from the support area , but from todays structure I would be waiting for price to break above the blue line with a bullish 4h close to look for longs
Price is in an uptrend but is very bullish and in theory should be looking for buys although is approaching an area where price has been unable to break above and the last time price was at the area above structure was in 2008 so am quite hesitant especially with the lack of volume at present. So will wait and so how price reacts at the top of structure
Price is still on an uptrend from a daily perspective and is at a Key level on a daily time frame so am waiting for this daily candle to close bullish, then ideally looking for a break and retest above the blue line to took for buys
Still on a down trend even with the bullish momentum, there for am looking for a rejection on the smaller timeframe with a bearish engulfing once price rejects from the blue line and the 4h closes within structure
Price is still on a down trend even with the bullish momentum, but before I will take the sell I am looking for either a break back into structure then a bearish engulfing perhaps on a smaller time frame if the 4h closes bearish
Very bullish so waiting for pull back and rejection to look for buys
Bullish from a daily perspective so waiting for pullback and rejection to look for buys
Is in the middle of structure so waiting for a break above structure to look for buys
Bias is still bearish from a weekly point of view but a buy would be valid if it broke above blue line and gave a HH after a retest
Is in the middle of structure, but am more bullish because of jpy weakness looking for a break above or below structure to look for entries
Has pulled back to a major area and is bullish from a daily and weekly perspective, waiting for close above and a break above blue line to look for buys