Masha_ke

Masha_ke

as the dollar is becoming stronger it has given me more confidence to continue holding my sell positions on GBPUSD

Masha_ke

After the price refused to break the supply level on 4H we saw a strong push to the downside. the fact that price has broken our uptrend structure on the 1H timeframe, I am anticipating a retracement before entering more sells.

Masha_ke

Although it's a low probability setup we might take the risk and buy cad yen. Nonetheless, if the setup plays out and we see the break of the 4H resistance we might continue to hold the buys coz my general view is that cadjpy might continue being bullish in the lomg term

Masha_ke

we are expecting the price to hit the 4H resistance level before we can know what will happen next, in the mean time we can it the 50pips

Masha_ke

I took the sell on pound Yen. The reason why I took this trade is that the price had broken a key zone on 4H, then formed bearish momentum, I waited for a correction move which resulted in rejection on the 50% Fibonacci level. Managed 150 pips.

Masha_ke

For those who missed the sell entries on the pound yen during the Asian session, you can wait for the pullback at the 61% Fibonacci level then enter the sells. Remember never to trade during the impulsive move to avoid unnecessary losses always enter your trade in the correction move.

Masha_ke

Yen basket gaining strength. CadJpy is in a critical area, if the price happens to break the uptrend structure on 4H we might see a sell on this pair. We wait for breakout and then retest before entering the trade.

Masha_ke

my view on eurjpy possible sells. The price is at a critical supply level . The beak of structure on min timeframe, price the went up to collect momentum.