Looking at one more drop before we get a rise to retest the trendline.
I'll be watching eurusd to see if we can get a compression formation. before We short this pair to the 38.2 level.
USDJPY is still bearish in my opinion. Despite taking out the previous high. We should see a retracement to the 61.8. before it decides to make its next move. Bearing in mind if there is no gap or whatsoever when market opens.
Eur Cad short Idea. Trade plans are in the chart above.
Wait for the break of the blue trend line before going long.
Lets see if we can get some price action at the blue line. Before going long. Optimal price will be at yellow zone.
Looking for accumulation within the zone. Before we pull the trigger back to the mit block and first resistance zone.
Look for accumulation before going for the long within the zone.
I still see NZDUSD to have some upside movement. We will be looking for opportuinities to long on this.
Looking to see if we are able to get accumulation off the 50 fib and also the weekly trendline.