USDCAD Showing some signs of resistance, I was in this trade but took small profits and exited as I have a bad feeling about the Jobless claims tommorow and didn't have the best entry either. A quick potential scalp just to see where it goes but im not trading this
The downwards trend that formed for around 2 weeks has been broken to the upside after downside trend break has been rejected. After a retest of the support and a new channel being formed with higher highs and lower lows. This is a very volatile space however the USD is predicted to weaken next week which could cause some upside to the GBP and a retracement to the...
USDCAD has come to a resistance and looks like it is being rejected. There are also lower highs forming causing a symmetric triangle but the upper trend line has been with a gravestone candle with my bias that it is going to break, retest and go down to the next small bit of traffic at 50% fib level. Overall I think there is downtrend forming but not sure to what...
Gold has broken the downtrend and started forming an uptrend in another channel but it has broken out and is going bearish short term wait for retest see what happens
Our first trade went well grabbing at least 80 pips. The upside has been strong meaning there is another long chance for a long position after bouncing straight of the well respected support News out later trade with caution
USDJPY retesting the trend line and channel break so a long opportunity for 30 pips~ however both strong support and resistance levels are very near to the price so therefore we have to wait for either one of them to break. After the restest if the trend line does not continue then further downside is likely to happen comment if you disagree
Looking for a retest of the heavy support then providing it does not break or Trump does not get assasinated then should see it riding up to the next bit of traffic 80~ pips
50~ quick pips probs not going to be perfect because corona is probably going to eat everyone
Trend Break and currently retesting a strong level of support as we hold the trend line after a strong rally from last week. Also the support is being held well on the daily time frame too Strong Rejections in the 69.600 area. Waiting to see if the support holds position. We have very little important news for AUD and JPY so this would be a good week to look...
Looking for retest however the higher time frame shows that it is retesting a support on the daily so this could be wrong Trade with care Please comment if you disagree