USDCAD Short after Head & Shoulders patternAfter a head and shoulders pattern on the daily chart and re-testing the bottom lines (previously resistance) of the shoulders it will continue its way down till 1.3060
Be safe,
Actionprice
GBPCHF DAILY CHART OUTLOOKOANDA:GBPCHF
Currently analysis showing a bullish pennant / bullish triangle pattern. Still very hesitant to get in on any GBP for the following reasons:
- Price is too high to start entering
- Major move has already taken place
- High volatility due to Brexit
To be a bull in this situation:
- Wait for confirmation of the triangle break as the price is very close to the apex
- Monitor Brexit developments and parliamentary votes.
To be a bear in this situation:
- Wait for confirmation of triangle break and scalp entry back down to the previous support level.
- Monitor fundaments for any negative Brexit news / Econ data
Both trades have solid target levels.
GBPJPY posible venta Pendientes de la libra, al parecer esta terminando con su impulso alcista para seguir en una pequeña corrección bajista, esperaria un gatillo en seccion de londres que me indique la entrada. Me gustaria ver ese impulso bajista, pero recuerden que nadie tiene la verdad de lo que pueda pasar en el mercado, ir detras del precio y seremos existosos. Good luck.
