We got a decent spike on EJ to begin the US Session. It spiked to July's high and broke previous resistance around 130.8. Looking for a decent pullback or reversal setup.
UCAD approaching strong support at 129.00. Will be looking to buy
CADJPY sell. Price at top of channel and flirted with resistance at end of US Session. Looking for a nice M on lower time frame or a DOJI on 4HR for confirmation
AUD Bulls came to play today. Nice Swing formation occurring on daily chart. I'm expecting a flag or some sort of spike to the upside and for price to eventually hit my trend line, respect it, and continue downward..
IF UCAD reaches this FIBO .786 I Will retry to buy again. My first buy will be stopped out but that's fine. I expect this move before it continues bearish.
I'm selling EJ as well. Double top possibly forming
UJ Has been bullish the past week and failed to break and hold above resistance at 112.2. For that reason I am expecting another dip down before it continues upwards. I have another sell limit at 112.3-4ish. Not playing sell for too long unless impulsive move out of zone. If It continues up I expect it to reach 113 before finding resitance
AUD had a very impulsive move today. I can see this Pair continuing upward tonight. Expecting a flag down and then a push back up when the employment change news drops at 830PM Central.
gbpcad short. Let's get some money. Risk-reward pretty good.
EURAUD Sell. Already entered. Let's see how it goes.
Seems like NZDCAD is gearing up for a short based on this trend. If it breaks this line expect more bullish but I'm expecting it to drop during this US Session today.
Got Stopped out of last EU Sell but looking for this move here. Had great news and tax bill passed. However this pair rallied to the .5 fib from last week's high I believe. It's also respecting a trendline. We'll see how this goes. Good luck if you take this trade! Feel free to comment your thoughts! Could possibly take off bullish from Inverted H&S but I will not...
Triple top top possibly forming and it's at a good resistance. If you look on 15m chart you will see a triple top. IF it breaks the triple top formation expect the pair to reach 1.1935 by the end of today.
Price touched the .786 Fib and got rejected pretty nicely. Bearish Pin formed on 4hr and it respected trendline. Expecting move to 1.173 is and then to head lower after tax bill vote. I will open more sells if it double tops at 1.183. I will be trailing with SL.
I'm buying EU with a SL around 1.78-1.79. There's a lot of bearish pressure so I doubt this actually plays out how I want it. This is a dangerous area to play with especially with the good US News this morning
This can either go two ways right now. Either it will explode through The yearly high/ resistance around 152.8, or it will complete the simple M formation and stay within this trading range. I'm guessing if it goes back down we can expect 150.00 before the end of the week. If it closes about 152.8 by daily close I expect more upwards movement toward 160.00 invst.ly
I am selling at the .50 fib from two weeks ago. Selling until I reach this month's low around .67900