Break
Kiwi/Dollar Movement IncomingLets watch and see how the market reacts to this trend-line.
I will be buying on a bounce (confirmed candle).
I will be looking to see how price acts around .70035 if the trend-line breaks down. My guess is that it will be broken too, although we will have to wait and see. If it is broken too, I will short.
Aussie/Canadian Movement IncomingI'm going to be looking for movement here in this region. 3 things could happen.
1.) Pair rebounds quickly without coming close to the resistance/trend-line, in which case I will skip this trade.
2.) Pair falls further into the resistance zone and bounces off of the trend-line. If confirmed, I will enter long.
3.) Pair falls into zone and breaks below trend-line. If confirmed, I will enter short - or look to see if a double top is forming, in which case I will hold off on the trade until that is confirmed.
Dollar/Yen Long broken resistance and trendlineI've been in this trade since 102.850 when we got a confirmed trendline break/double top (or triple, depending on your definition) situation. I hope to ride this into the next price level at 106.856. You can still get in, as the 104.081 level was broken only recently. I'll probably be placing my stop @ 106.496, a few ticks short of the headline 106.5 number.
Can't break the ascending triangleIf it doesn't break out the triangle soon, this thing is going down