jj.grant.16

jj.grant.16

Looking to buy after a counter trend line break, first target is 38.2 fib then 50.0 fib.

jj.grant.16

I was almost stopped out of this trade during the night (roughly 5 pips) but I am still holding for now as I still see downside in the GBP and fib levels.

jj.grant.16

Here is a day chart breakdown of what I am looking at. The red zones are where I am going to be looking to short

jj.grant.16

GU Testing Major EMA (100) Lots of room to the left (google that one) A potential for a good 50-75+ pips

jj.grant.16

looking at a possible short on the UJ looking to see if it breaks or falls off 1.18 ext level markets will probably be choppy now that we're in xmas break and majority of big firm traders are done until the new year this move could take some time as the USD is still very bullish

jj.grant.16

I am still bullish on the USD. However, we are due for some type of 100+ pip pullbac. Here are a few setups i'll be looking for.

jj.grant.16

Looking for a bounce off 1.24 level to the upside or a fall on the 1.24 re-test to the downside.

jj.grant.16

selling gu on second major resistance re-test. If it breaks trendline will be adding to position and trailing sl to 25pips.