FX:GBPUSD I'm looking for a short-term sell here. I would like to see how price responds after testing the .236 level this trade activated let's see how it turns out. If price breaks above let's wait on the retest to enter the buy.
FX:EURCAD This pair broke above structure at the top of the week. I believe this pullback will give price enough bullish momentum to retest the highs on the daily time frame. Price could also tip beneath the lows before making this move.
OANDA:US30USD US30 created a double top after a solid impulsive move to the upside. Price pulled back to retest the right shoulder of the double top and rejected again. Let's see if this retest will start a short-term pullback to retest the .50 fib. We could also see a pullback to the 23.6 level on the fib.
FX:EURAUD We just hit the .786 on the micro fib. Let's see if there is room for a possible pull back with this pair. Overall I believe the highs will be broken after a retest of the lows.
FX:AUDCAD Price pulled back to retest a major structural level and fell again. At this point we are filling an imbalance zone, let's see if this zone is enough to continue the downward movement until we reach the .50 fib. Pice could also reject at the double bottom on the 38.2 level on the fib.
FX:GBPJPY GBPJPY has gone sideways in recent days but continues to hold under a significant converged hurdle at the mid-October high of 183.75 and the upper edge of the Ichimoku cloud on the daily chart. We have alerts set below and above price. If it breaks above I am looking at this zone as a potential entry level. If price continues to up we'll wait on the...
FX:AUDCAD This pair gave us a bullish impulse a few weeks ago and it has now pull back to retest the structural level of resistance that was broken. Price touches the this zone on the 2 hr and fails to break the lows. There is a great chance that price will break above the highs. I the sell continues Ill wait on the break and retest of this zone.
FX:EURCAD This pair has been consolidating after the pull back to retest the highs. On the 30min it looks like price will reject to head toward the lows. My sl was too close on the last trade, let's see how this one plays out.
FX:EURGBP Price dropped below the .618 to retest a level where structure was broken on the 2-hour time frame. This area also falls on the 4 hr 200 EMA. If price holds in this area it could be a quick liquidity trap before creating a bull flag on the Daily and breaking the highs. Price could also continue towards the .786 before making a move.
FX:AUDCAD Price broke above structure and closed multiple candles. This pullback could be a retest before breaking above the highs to capture liquidity. Price may retest the trendline. If it's broken I'll wait for a retest before entering the sell.
FX:USDCAD The current structural level was broken on the 1-hour time frame. We also have liquidity underneath the .618, and bearish divergence on the 4-hour time frame making the .786 a level of interest. Price could also reject at the lows to create a higher high. Let's see how it plays out from here.
FX:EURAUD This pair created a nice impulse before pulling back. Let's see if this area will proof to be valid support.
FX:AUDCAD This pair took us on a ride last week. I took a sell thinking the structural level of support was broken but price reached back and smacked me. I missed a detail on daily time frame, price is still trading within range and the breakout was false. Let's see if price rejects at here to retest the highs.