EURCAD Sell SetupWe are waiting for a momentum candle close below our green trendline last swing standing to sell this one as we have three confluences for the sell.
and as mentioned before, we are only interested in buying this one if the price breaks above the gray level aggressively, so if the price breaks the red trendline objective we will not buy (anyway we don't have three confluences for now)
Rejection
EURJPY Sell SetupFor those who didn't enter the sell from H4, can wait for a momentum break below the lower blue trendline last swing standing to sell this one as a trend-following sell setup around resistance
if the price breaks above the upper purple trendline we will not buy as EURJPY is sitting around resistance (we will only close our sell from H4)
GBPUSD Buy SetupGBPUSD is currently sitting around strong support from Daily timeframe. (1.2700 in green) so we will be looking for buy setups on lower timeframes.
we also have a divergence adding more confluence to our setup. and we have an objective valid trendline in blue.
so we are waiting for a momentum candle close above the gray area to buy this one.
PFE : Not moving up, Why?PFE is a strong candidate for covid-19 vaccine and ahead in race. #Trump announced "Vaccine will be available soon". Then what is stopping #PFE for moving up? As I mentioned in chart $36 to$39 price range is a strong resistance. I'm waiting for breakout.
What do you think about this idea?
Feel free to ask any questions regarding this idea. Like and comment on this idea for encouragement.
Thank You!
US30 - Dow Jones Sell SetupUS30 is currently sitting around resistance so we will be looking for sell setups.
We have a channel in red and a head and shoulders pattern acting as an add-on.
we also have a divergence adding more confluence to our setup.
Our trigger would be after a momentum candle close below the gray area.
Our stop loss goes above the right shoulder, and as usual, we target double our stop loss size.
Good Luck!