A clear structure formation on CHFJPY for sells and a short term buys after we reach the area of 123.578 as we see liquidity resting right below it. Price Action on LTF will be a good indicator to take those buys but 4H and 1H directions are at the moment for sells as Daily will be approaching for 38% retracement level at 122.500 and also a structure retesting...
USDCAD setting up for short term sells and long term buys till daily 62% Fibo retracement for next week. Will see what is setting up after the NFP Data release and how the prices prints on the chart of this pair
EURJPY looks nice on for shorts as we see a break and retest pattern after a week support got broken
USDCHF at the moment is choppy on 1H & 4H TF but still 0.91500 Psychological Level is a good potential for a shorting opportunity before NFP data release. Lets see what the Data bring on the charts for next week.
AUDUSD looks decent for short from 0.74600 or 0.74900
NZDJPY still a valid buys on 4H structure bias and will see if the 81.000 level holds. But there is also a 1H downside structure shift and will see if the momentum gets in for the sells on the break of 81.000 level and retest for the targets of 100 Pips ( 80.000 ) as the prices have took a nice retracement from 79% fib level in the Asian session. All depends on...
Looking for an intraday shorts and on 1H Price Action confirmation and a quick breakeven position as we have FOMC and Fed interest rates later. Need to be on the safer side even if the entry is a breakeven touch and go....
AUDCAD daily current leg is unclear but the swing and the intraday time frame is on a good short side
GBPJPY seems clear for a further downside daily retracement
If prices break the week resistance level and reached next resistance there will be a 4H BOS which make the 4H structure shift to Up but if the current level holds and we get a 4H Price Action Candlestick pattern we can short till ROLP lows @ 1.81420 Lets see what Price Action we get in next. Decision Time
Waiting for the 1H Bearish candle close or if not then will wait for the 4H closure below 131.635 for the break and retest pattern. Lets see
Looking for a Break Out to Short the prices to reach daily Fibo retracement level before big buys
Waiting for the prices to react with price action confirmations for shorts till 1.15000
EURJPY 4H Long Opportunity Ahead only if we see a nice break on 4H and the 1H tests the break and closes above to complete the 4H bullish pressure
CADJPY 4H Short opportunity as the prices are moving corrective on 1H which shows no intent at the moment for the buyers to push prices higher. Mean while it is a all time frame counter trend trade and have to make sure the Risk amount should be 0.5% of your equity. Risk Management should be fully implemented while taking short positions on this setup. Stop Loss...
EURUSD looks interesting for Buys as its approaching the daily 38.2 Fib level and retesting the daily structure
EURUSD looks interesting too for Buys as its approaching the daily 38.2 Fib level and retesting the daily structure
Got my self into it yesterday and got a break even close on it but the setup is still good for Buys again