yokoffing
AUDCAD could potentially break resistance and climb back up to .97500 area, or continue down to .95550 area. The HMARB is all green, so we could be prepared to see a break in the bearish trend. I will update as this trade plays out.
FOREXCOM:EURJPY formed a small double top before dropping 150-200 pips, depending on where you placed your short. This was after a retracement started forming on 7/29/2018.
FOREXCOM:EURCAD has been sideways since roughly 7/2 thru 7/25/2018. Price finally broke the range and retested the channel before dropping on 7/31 and 8/1. Looks like a nice little short for now. Investors wish to keep the trend bearish. Hope you caught it! ~200 pips if you shorted after the close of the impulse candle.
Heading to the top of the pitchfork (.618 Fib level). Should land around 1.1850 after a possible break of the counter-tend line.