


I'm only selling USDJPY until it's larger time frame down structure is complete
Only Buy setups on EURGBP as it is beginning to complete wave structure.
GBP has been trending slowly to the upside. However whenever we reach resistance, price drops hard. It needs to complete this higher time frame wave structure before considering any more buying from us wave traders. Therefore I am still bias for the short. We have major GBP news this week that I anticipate this fall will begin.
I've been screening this pair for some time and am anticipating an Upwave. Technically we can still go down a little further, but I will open a position when I see the buy setup. I am only taking Buy setups at the moment.
USDCAD is finding support at a very important weekly Key Mirror Level. Only buy setups from this level. This will take some time just as UJ and GJ are following structure on my previous posts just nicely. Expect at least 3 weeks or more for a completion of this setup.
USDJPY has hit an important Key level and is showing signs of it's next wave down. It will take some time to develop. TP1, then manage risk with your last lot breaking even or moving stop into profit
GPY is due for a small wave down.. before a larger wave to the upside. That will take a few more days or weeks before we see that up move. For now.. we have a wave down in this pinball game. TP 1 lot at 1st tp, and let the other one ride, or wait for another entry when price comes back, for TP2
USDCAD is near a daily Key mirror level and is due for another wave up
On a previous setup, I'm selling this small down wave for a pullback.. However once we hit this zone, then I will look for the buy entry for a larger wave up. I'm anticipating this will occur during the next NY session. RR is 1/3
GBPCAD is due for a wave down. It has reached a weekly level. Therefore look for price action to break down to previous daily key levels. The best case scenario is a fake breakout of that level on the 4 hour. As the price breaks back in, enter a sell position.
AUDUSD is due for one more wave up. Wait for a swift move down, and then open a buy position to ride one more wave up.
EURUSD has hit a 4 HR key level. Before a larger wave up, we can sell for a smaller wave down. This is a 2/1 risk reward, so manage risk properly
NZD is approaching a key level. Once it has broken out and then brought back in.. you will want to open an sell position with a tight stop loss back to retest a daily key Level before it's longer wave up.
Eurgbp is at a major key level. We can anticipate price to begin to make its initial moves to began a true trend reversal
AUDCHF is currently in a up wave correction for a bigger down wave. We are possibly getting near a key level that will be faked out once, then will return back in the sell zone. If this occurs and price action is showing momentum to the downside, then you can enter a sell near the key level. AUDCHF is due for one more wave down, but I'm anticipating a larger wave...
This pair is following simple structure. I just placed a buy with a 27 pip stop loss
Previously I was looking for a sell at a lower key level of USDCHF. However this last week, it has broken a Daily Key Level. Therefore it is most likely seeking a price closer to the weekly Key Level. Therefore we can look for a short term Buy this week. very small stop loss. I will update later for the bigger wave down. That is the trade I do not want to miss if...
Watch price action at these levels. A break above 109.300 most likely means a continued move higher. However if an ABC pattern is formed on this area.. with lower highs, seek the sell down as it is most likely seeking its temporary wave down. May begin to see before the US holiday or next week