Last 2 UJ trades that I've posted have been losers. Breakeven or a couple pips in profit. I'm still sticking with my bearish bias. Stop is above previous highs and and USDOLLAR is on the decline.
May move to breakeven early since EMA and HL AND HH structure's still forming
USDCAD Short down to 1.3 Previous market structure, 1HR EMA Retest Fib Level
Previous position stop was too tight. Much more ideal entry as more confluences line up here
Minimal confirmations Fib Level TL Bounce EMA region Rejections on smaller TF's 15Min & 1H
Break and retest of 1.72 38.2% Fib Lower highs and lows on all timeframes. Weekly bearish candles.
1 Day 4HR and 1HR EMA overlap region around 50% fib. Intraday higher lows and highs. Strong bullish daily candle.
GA short currently running in profit, however thought to post it's current progress. Second TP at descending channel is the overall goal, however the pound could be regaining some strength in these current weeks. What leads me to believe this is GBPUSD's approach to 1.200. From what I understand, a drop below this level would mean bad news for the pound and it...
AUDJPY has been bearish for quite sometime now. Would like to see a form of retracement to the daily descending TL. Inverse H&S pattern was one of the main reasons for execution. Let's see.