Kairos
AUDCAD Short 22nd MarchAUDCAD is reacting at the key weekly level. The daily isn't the best but we can see a break down on the 1h chart. I'm looking for a pull back to the 1h 50 ema and hoping to enter with a 35 pip stop. I want to take this trade down to the daily 50 ema which will come up to around 1.0155 area in the next few days.
Video to follow
EURGBP ShortThe weekly has presented a double top on the right shoulder at a key level.
The daily is a little messy but looking at the 1h we can see why.
The 1h has created a triangle with a fake out on the 16th. Now im looking for a retest of this pattern along with the 0.869 level and 1h/4h 50 ema.
The stop is above the downwards trend line and exit is just by the daily 50 ema. I only want short term trading on this pair because of the upwards trend line on the weekly and the possible break and retest of the dailt 50 ema.
EURJPY short 15th March 2017Price has started a short term bearish pull back on the daily and i feel it can head down towards the 4h 50 ema. So a pull back on the 1h chart to the 1h 50 ema would be good to see with reversal candles. If that happens then i'll happily take short and get out before the 4h50 ema.