Short at 87.00. 61.8 Confluence Price making LLs. 4hr H&S Beautiful price action
CADCHF is in a good position right now to short. 0.7200 psych level with a 38.2 fib. 1 hr RSI divergence.
Looking to short EURUSD at 1.1750 quarter point. 61.8 fib confluence as well. Price is currently retracing due to rejecting the 1.1700 psych level. Price is still BEARISH. No need to go against the trend. Be patient and let the market come to you
DOLLAR is rising. AUDUSD is bearish. Waiting for price to react to the level drawn out. If price rejects of the lower timeframes, we will look to short. REACT NOT PREDICT!
Trend is bearish so we will wait for price to retrace before taking a short position on CADJPY. Confluences: - 38.2 fib - 86.00 psych level - Daily resistance zone As traders we REACT, not predict. If price breaks this level, look for a potential short opp at the 87.00 psych which coincides with the 61.8 fib