Going to be fun this week/ Let's make some money..... Be Payyyyytient.
Oversold, looking to catch a bounce up here even if TP 1 and 2.
After confirming on the IM Harmonics scanner on the 1H and 4H timeframe. The Yen is falling making this the third pair to be going up. An earlier entry would have been better but this extra confirmation it is heading the right direction.
Next support area around 104.100, and could have resistance up at 106.000 area too, will wait and see what happens on this crossing of 105.00 if it wants to bounce off and continue its downtrend, If it breaks through 105.000 will be looking for a buy then up to the 106.000 area.
The last few days EUR/NZD has been falling nicely, but looking almost fully oversold. Looking for the price to come down to us and watch for entry close to the bottom of the ascending channel. Can wait for confirmation that it does not break and close under the channel. That will void this trade. Will be watching this closely and could possibly have entry by...
Not in this trade, but this is an Idea I have that this movement is going to be.
Broke down and came back up and retested was rejected. And now taking it down. Entry - 1.06750 TP #1 - 1.06500 TP #2 - 1.06250 TP #3 - 1.06000 SL - 1.07150
CAD/JPY - Been keeping my eyes on the JPY pairs lately, this came up on the Harmonics scanner on IM M30 Chart had the Bat Pattern, already had my eye on it. Entered this trade. Details on the chart.