traderjuan1

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Markets Allocation
100 % forex
Top Mentioned Symbols
USDCAD 33% | 1 EURCAD 33% | 1 GBPUSD 33% | 1
traderjuan1 traderjuan1 EURCAD, 60, Short ,
EURCAD: EURCAD short
17 0 0
EURCAD, 60 Short
EURCAD short

This pair has formed a bearish head and shoulders formation on the 1hour time frame. It also shows bearish on the daily. Going short on a counter trend line break on the one hour chart, possibly around 1.5500.

traderjuan1 traderjuan1 GBPUSD, 60, Short ,
GBPUSD: GBPUSD short
55 0 0
GBPUSD, 60 Short
GBPUSD short

From the monthly time frame we see this pair in a clear down trend. Therefore I would take only short trades on this one. Looking to go short when oversold, clear break of counter trend and maybe a high uturn candlestick pattern. Perhaps around 1.4440 Profit target would be weekly pivot at 1.4268 stop loss 15 pips above high of uturn at 1.4459 Reward: 170 pips

traderjuan1 traderjuan1 USDCAD, D, Long ,
USDCAD: USD/CAD weekly pivot point Long
29 0 0
USDCAD, D Long
USD/CAD weekly pivot point Long

Looking on the monthly time frame for this pair, I see it is in a clear uptrend therefore I would only take long trades. Using the weekly pivot point as a target I am going long on this pair however I'm waiting for a clear bottom before my entry.

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