I actually just placed my limit order on this position but you'll have to decide for yourself
1) Strong supply/demand zone
2).618 Fibonacci landing perfectly on this zone
3) Trend line indicating overall bearish direction of CHFJPY
4) RSI seems to be running out of steam exactly in the right spot
5) 1.272 extension there at the bottom for the trade to...
Swing traders/investors take a look here. Defiantly worth watching. I would keep eye on RSI and watch closes closely. I think its either going to fail in the zone it's currently in or rally up the the area above where it recently tested with that long wick.
FX:USDCAD
Good sell setup here. Just double topped on the 4hr literally right on that .382 fib of the impulse leg. I already have two positions against the USD so I don't want to over-position across several pairs but I would diffidently consider trading this though.
FX:NZDUSD
This looks like a good setup for NZDUSD but I already have two positions selling the USD so I think I'm going to stay out of this one. Good support for a really coming right into the even $.66 price point.
