FXNAZ

FXNAZ

So we had the push down from the final spike up, please refer to last post as mentioned. expecting price to retrace then push down further, don't jump in at the bottom. also look for confluence on MACD. Let's see! If price does not come up I will stay out.

FXNAZ

Breaking to the downside. Price has pushed up and grabbed some liquidity, still moving a tad slow may go for one more push up.

FXNAZ

I will be going in for a short based on the fundamentals, although it seems we are heading for impulse corrective wave and then impulse, up to you guys but Im going to go with the fundamentals

FXNAZ

CAD is being sold by brokers, I believe we are still upside perhaps price was pushing down to gain liquidity to go higher.

FXNAZ

Contracts are being sold on CAD, I predict this to go to next support level, I will be sizing up if the position goes against me. I am expecting a little pull back as we are oversold.

FXNAZ

I have a high RR lower win rate set up as well as a higher win rate low risk set up. I will personally be taking the higher win rate set up on the left. Reason being I am putting 1% on the trade.

FXNAZ

GU upside trade got turned into shitzsah, which is fine now since the consensus as I said was downside given the current conditions, I have a sell stop set up here. If it brakes the top then I will be taking the set up out.

FXNAZ

There has been a break of channel some continuation, last trade was a flop and this one may be too haha

FXNAZ

fib continuation trade, buy order on .618. Using the macd as the previous trade which is more basic (you may not have the time to catch the pullback) or it may not pull back at all, this is the method for higher RR

FXNAZ

Following the momentum MACD, I understand the general consensus is downside however I am following the system on this trade.

FXNAZ

in prime entry position to short, levels of support have been broken now the pair I believe is ready to push down. Last impulse was 60 pips down therefore profit target set.

FXNAZ

what's good, hope you guys are well and risking responsibly. stick to your plan!! you got this Kings and Queens. ok so, taking a long, I do think this is the 3rd wave up, I waited patiently for a good entry to the low. price has been moving not the way I wanted for this move up but lets see it play out, its a probabilities game.

FXNAZ

as always risk 1%. I will be taking this short, slight corrective structure then we should see some further downside. I do predict this move to be fairly big since there is a lot of liquidity to the downside.

FXNAZ

there's been a couple fake outs to the upside but now we have the confluence of the macd in play. last impulse was a 60 pip move therefore we will be going for this profit target. - break of channel - MACD - Break of 0.7260 support level for liquidity grab - bouncing off 4HR support level

FXNAZ

so we have a 618 touch on 4hr waves, then we can also see a breakout to the upside for 1hr trend. I expect to see some upside now.

FXNAZ

there's a little trend line so it'll probably break taking the 3rd touch gang out. then the break and retest gang is going to get there sls hunted too. slight move down then upside.... but lets see.

FXNAZ

break of structure, MACD, rejecting off 200 ema 2:1

FXNAZ

I have already entered this trade just based off a 1 hourly break of descending wedge. To confirm a good risk to reward however I have waited for the candle formation of 14:15 and 14:30, once I have seen this inside bar form just under 1.30330 where I believe was meant to be a support. We just swept under to collect some liquidity to then move up. Trade is now BE.