EURUSD looks like its in an ascending channel and where it is possibly going to start a correction and once finished continue a bullish trend towards 1.140 levels.EURUSD Correction and Trend Continuation
Looking to short EURJPY on a retest of current structure resistance. If EJ does not break current structure I'm going to look for sellers to enter around 121.500 levels. Looks like a decent risk to reward ratio even if it only retraces down to the 38.2.
Looking at a Bearish Gartley pattern on the EURCAD. Right now I'm also counting a completion of 5 levels on the 4H chart and bearish divergence on the RSI. I'm looking to execute a short play on this pair SUN-MON.
Currently watching USDCAD during a possible completion of another ABCD pattern. I will not be holding this trade until it reaches D because it could possibly form a double top. I'll be taking profits when it climbs back to B price point 1.318.
Possible plays on EURUSD from Monday to NON-FARM Payroll Friday. I'm expecting that it will bounce off the daily trendline around 1.108 levels in the later week and buyers will take over during NFP release.