patw

patw Updated 

USDCAD has broken ichimoku cloud on 4h chart, so my recomendation is: sell @ 1.33781 SL @ 1.34718 (above nearest up fractal) no TP, trailing SL through top fractals.

patw

Last few 4h candles are in a very narrow price range, thus I am expecting intense price movement (maybe on London opening). As we are in the down trend I would go short from the current level with short 30 pips SL near the border of ichimooku cloud and above the last top fractal. My idea: sell @ 0.84715 SL @ 0.85030 no TP -> trailing SL through the next top fractals

patw

My idea is to buy cable on the 38% fibo retracement (4h timeframe). One could place short SL below 50% fibo. GBPUSD is now in the up trend on 4h timeframe. buy @ 1.2589 SL @ 1.2550

patw

4h downtrend below ichimoku cloud, SL on the nearest top (fractal at 1.3470).