Euro is risky to sell at this level since 1.145 is a good level of possible rejection. I will sit on my hands and see if euro can give me signs of buys. Other wise it could keep melting to 0.98.
Like my gbpjpy point of view everything is dependent on May and if she can stay. Otherwise eg could rise once more then nose dive once chaos is over. EG down is my point of view.
My long position for gbpjpy is dependent on what is to come with the brexit situation. If MAY leaves we could see gbp get destroyed briefly but i still think we will touch 154/158/160 before plummeting. GBPJPY looks good to go higher- completion of 5th wave. Now time to go up 5 waves.
Big upside move for gold will be in the future. Dont miss it.
One more time we look to short gold before longs for months.
I want one more upside move for uj before free falling towards 1.07 area.
Short term shorts are in store. Then I look to buy more uj toward 118/120.
Based on structure dollar looks to fall again. With that we see eurousd riding once more. Good risk to reward here.
We have several fundamental factors I think will rise the usd. Friday is a key time and this trade is looking better and better each day. Tea cup pattern gives us a second confirmation. My long term last tp for dxy is 108/110. We will see how it goes. I like the risk to reward here.
had fallen for days... We will attempt a buy because we expect bulls to take over usd. If not usdjpy 0.28% will free fall after this area. We like the risk to reward. We expect this trade to take effect in the next 4-5 hours.
Right now usd looks to regain some strength... If it does not the trade will be invalid. We need 1.0685 to break. If so it will be a good indication we are falling. If we do not get that eu will rise heavy to 1.0785/1.09.
I like the odds of this short. I see a strong move to the down side very likely. I will buy euro at 1.065. Good luck traders.
Wave count continues. Long is a good idea. Great risk to reward. Short only at break of 104
Euro shorts for me still in play. Look for longs at 1.065
I want to see the us dollar lose some strength. If it breaks support to go lower we will see xxxusd rise and usdxxx fall fall
As long as we do not make a higher high. This short-term short is very high profitable.
We are at peak formation. Shorts are good to go.