GBPJPY long opportunitythere's a chance for a rise in GBPJPY. so riding on the flow and trying to cash in some greens let's see how this day rolls :)
Tradergirl
XAUUSD shortWith the sudden upward move later in the day yesterday, seeing some possible short opportunities today. Let's see how this day rolls :)
GBPJPY short positionWith the weakening market, there's an opportunity to short GBPJPY. may see a lil resistance but bearish move is very possible. let's see how this day rolls :)
Dax30 long opportunityWith the Opex meeting coming up, it may push Dax to 13000. still unsure because it will still depend on the report however setting my position to make sure to cash in atleast take advantage of yesterday's drop. Let's see how this day rolls :)
US30 short positionPrice is a little unstable but i can see an opportunity to earn from a possible drop in us30 later in the day. waiting if this drop will be triggered, though we may see a bit of resistance before it fully drops. Let's see how this day rolls. Green day hopefully :)
Bouncing around the 61.8 before another move to the upside.After a 17% drop over the weekend we now are back in a nice consolidation zone.
this level is right on our 61.8 fib level,
it also lines up with previous structure before we seen a move to 10k.
Short term we may head down and test the trend. IMO it wont break that overall trend and we will see another move up.
I am seeing a lot of these candles in this zone which have wicks to the downside.
That indicates buying pressure. I will be looking for longs off the trend.
Trend bias still telling us we are bearing for the minute
XBT/BTC 4hr
Double Top - is this the Retrace?I am seeing signs of a retrace now.
we have failed again to break through the supply zone, forming a double top.
I think we will see a bounce around at the 1st demand zone before potentially breaking down to the second zone
XBT 4hr
EURJPY Up Move After Bounce on Trendline in ChannelIf you have drawn a channel as seen above in the EURJPY, you can see that the pair has came back down to retest the bottom trend line of the channel. It formed a bullish low test, signaling an upwards continuation. Other confluences that can be seen in the currency pair are the .382 retracement level, the 138.0 support and resistance level and the recent golden cross that formed on June 23rd.
