CADJPY is consolidating for not, wait until a break on the trend linefor the buy position
CadJPY has broken previous resistance on the 15 minute, continuing its bullish trend. SL would be 16- 25pips below entry tp would be 50 pips above-75 pips above entry price
EURJPY looks to be forming a bear flag, look to a break in structure for the buy along with a hold above the fib level
Across all pairs the CAD has shown signs of strength, the recent break in structure of the bear flag on this pair indicates there may be a rally coming for the bulls, wait until hourly close in green for confirmation
this pair looks to be forming a bearish flag pattern which is a continuation patter to the downside, wait until there is a break of trend for the sell
USDCAD has show increasing weakness over the last several days, though there was an impulse move yesturday it seems like there is a firm break on daily support indicating the start of a selloff
This pair looks to setup for a continuation of its bearish trend, wait for either a break of this trend line or a rejection of upper resistance for possible breakout to the downside
This pair might continue with its barish trend for the night, however it may be late to jump in there is strong bearish sentiment with rejection of the critical fib level
GBPUSD has rejected the .38 fip level on the 15 min chart signifying a continuation of todays barish trend
GBPCHF has hit 4 hour resistance and is showing signs of rejection, wait until a full red candle develops for trend continuation
USDJPY has had a very bearish day and is showing an opportunity to hop on the bear trend. Wait until there is retracement to the .38 fib line and breaks the trend line shown in red
USDCAD has hit weekly resistance and looks to be a perfect short sell after days of uptrend. In addition there has been a break of 15 minute trend. This short sell looks to retrace most gains achieved during the news events of last week.
GBPCAD has hit daily resistance and has formed a double top on the 15 minute. Wait until a break of the trend line established in the 15minute for a shortsell
After days of uptrend EURCAD has finally broken trend established in the 4hr and is currently consolidating after a retest. Wait until a break of consolidation for a short sell
This pair is retesting the trend established in the 4hr, its a good opportunity for a short trade
EURCAD is approaching daily resistance, wait for a break of trend on the 15min chart and ride down till 1.5050
Price has hit previous hourly and 4hr resistance along with RSI divergence at that point wait for confirmation candle in the 15min for entry
Price hit previous hourly resistance, along with RSI divergence at that point