daily is showing nice structure, 1.73500 looks like a good target long term, monitoring lower time frames waiting for the bulls to come into the market
waiting for retest of 1.24300 zone also lines up with a supply zone on the 1hr, would like to see it come back up and reject a second time and get in on a big push down
going short on UJ HTF are looking bearish,
price broke and retested my S\R zone
supply zone lines up with zone
showed nice big rejection wick on LTF
price has been trending down
not my usual setups that I take but this one is looking promising
only risking 0.15% if I see a break of structure or more confirmations I will get in again
scaled down to a 15 min TF for the final entry, saw what I wanted to see which was a pullback and rejection to 50 EMA and minor S\R zone that was created.
also RSI came back to 50 level while also creating some divergence with price going up and RSI going sideways
price has been in a range so ive been trading cautiously with my lots sized.
for this trade price came back up to now supply zone, showed nice rejection wicks and got in on the trade when structure was broken.
as always I expect price to come back and retrace a little bit off the break and will be looking to complete my trade on the pullback
long term I am...
multiple rejections on major level 91.000 entry was on LTF after big wick rejection on minor white resistance zone,
price made a HH and HL it is possible that the market has reversed, if price can't break below 90.500 the i will start looking for buys.
as of now i still think price will drop back down to around 86.500 or more
I will continue to look for shorts on AJ until i see a change of trend, as of now HTF and LTF point to sells
supply zones are being respected and demand zone are being targeted with success lets see if this week tappers off.
I believe AJ will get to 86.500 or even 86.000
considering PPI news on USD,
Im still bullilsh on UCAD price broke above daily range, retested zone with CPI news then continued up with good structure.
my SL is currently at BE less than 1%risk will continue to monitor and possibly complete trade on break and retest of next zone
-Higher time frames show price got to a strong zone looking left
-4hr and 1hr RSI showing price going down but RSI is going up
-broke up from consolidation on 15min with MA crossover
aggressive entry I'm expecting a retest on the consolidation to complete the rest of my trade
long term I have AJ coming down to about 88.500
-4hr shows a break and retest of my S\R zone with rejection
-1hr shows supply zone with rejection with doji, also lines up with phycological level 91.000
-15min shows a minor S\R zone with a double top
entered once the 15min candle the formed the double top and broke structure, price could come back up to retest...
price hit a very strong support on the daily/weekly, it could be getting ready to bounce back up.
currently selling due to the trend and price is below my resistance zone
