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EURCAD looking bearish for me! Looking for entries!! 100pipsWaiting on some confirmation here! My view over this pair is bearish right now and will be looking for this setups. We might see a drop coming soon or maybe a complete head and shoulders pattern! Now we wait!
Any ideas? Let me know in the comments!! Or, join me on telegram, lets chat!! t.me/tradingbayfx
GBPUSD possible 150pips longGBP in all time lows, break of formation trend-line plus a nice support zone formed! Going long here after confirmation in candles for a good entry maybe at 1.1550! keeping an eye on this one!
What you think? Let me know in the coments!!
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USDCAD 100pips easyPossible bearish scenario! Price is consolidating after last bullish push that launched price over 1000pips up! looking for candles to find a good entry near 0.236 fib ! Or price could start a next impulse up so we need to keep an eye here for the breakout above 1.4430 wait for re-test and go for buy!
What do you think?? Let me know in the comments!!
CHFJPY ANALYSIS possible 400pips short!Looking for a continuation down here! This pair has been moving up since oct '19 and found resistance at 114.20 making a double top pattern! Right now price is on 111.80 support zone and we will be looking for price action to confirm that will continue to drop, that would confirm a possible new down-trend! On the other hand if price fails to break this level, we will enter long looking for that last higher!
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USDCHF UPDATE 200pips possible shortPrice is now right below the down trend line dating back to April '19! Looking for a breakout of this upward momentum and some candle confirmation before entering! USD has been so strong! Lets see if it doesnt break this trendline aswell! Lots of breakouts happening this past days and weeks!
What do you guys think?? Any comments?
EURJPY updateEUR been getting hit hard, in the end of this week we have important data release! But i think it will continue to fall till 118.30 zone maybe even without re-test giving a good chance for buying the pullback! Here we wait for some consolidation and maybe a retracement so we can look for short entries!
What do you think?? Leave a comment!
USDCHF going short over bad jobs reportBad reports from USD data on Jos opening plus this nice setup on USDCHF reminding me of USDCAD actually! We have a stong resistance zone here! 25pips SL, lets go!!
What do you think?? Would love to hear an opinion!! Leave a comment or join me on telegam! t.me/tradingbayfx
AUDNZD still bullish!! 300pipsPrice did respect that 1.0320 zone, going now 100pips above it! i believe this momentum could take price to at least 1.0530! Waiting for that break of resistance before going in with another buy! If we see a breakout below 1.0400, we could see another re-test of the 1.0320.
What do you think?? Let me know!! Also, join me on group chat so we can talk aout all the analysis!! t.me/tradingbayfx
NZDCAD UPDATE We have been shorting this one since breakout, and i would like to see some pullback or retracement from this last drop before entering again! Around 0.8540/0.8550 would be great!! Could go to 61.8 fib also! Right now we wait!
What do you think?? Still have room for one more short?? Or this one is a buy now? Leave a comment!!
NZDUSD Update! Now we bull!!Marked in orange lines a possible trend formation if price can actually break the major down-trend again. Right now, a more realistic scenario is that we found our ground after this rally and we may see a good retracement for at least 50pips before a move lower! Use proper risk management on this one because its against the trend!! Tight SL as usual and lets go!
What do you think?? Let me know in the comments!! Or join me on telegram so we can chat! t.me/tradingbayfx