got stopped this morning on this for 50 pips, the break below 149 caught me lacking in asia session when i was tired and tricked me into going short but think i was too early so gonna wait patiently to see a close below 148.80 to go short with a target of147.50. Gbp really weak atm so feel like this should hit by the end of the week. Alternative sceneraio is that...
bearish engulfing on daily and rejection of 61.8 fib. Cad is strong atm as well so looking for extensions to be hit this week for this pair.
looks like a inverse HnS on Eur so will be looking for longs this week. Will wait for a break of the ctl and hopefully get a retest and enter on the retest aimint for 1.24 level first before 1.25
with this pair we've been going up for a while now and even though this pair looks like a HNS, i think the market is trying to trick people as that's what i thought first but when you look at the pair from a higher tf like daily, you can see it's in a bullish order flow so all opportunities should be to try and buy Euro until shown otherwise. Drew a fib and lines...
in this pair we can see it's making a series of HH AND HL so with this pair im looking for a simple retracement back the circle highlighted in line with the trendline/ and 50fib for a move to the upside to create a new HH.
ujsdjpy still looks bullish across higher tf's so still looking for another entry to go long until i see otherwise. targeting 108 then expecting a big drop
EURGBP been consolidating for a while now so expecting a big breakout soon but i am favouring the upside even though i think the gbp will get stronger. 61.8 fib lines up with the level which has been tested many times which shoes it's strong and holding. No bias at the moment until a strong daily candle close outside either zone.
2 way sceneario for the dollar, could see bears come back in or bulls broke the range last week which could have been a fakeout or can be a switch of trend in which now were seeing a retacement to get more buyers in to pump the dollar. Waiting patiently with dollar pairs for direction.
continuation from last week's long, we have broken the counter trend line so i am now short on this pair with first target being 105.50