With the previous Daily high broken, we're looking to take USDJPY higher. We can expect a drawdown to the previously broken support before we head on up properly.
Small Sell on SPX with a gain but nothing big
3708 entry
3716.50 SL
3691.90, 3680, 3673.70 targets
Since we're ranging I decided to sell the highs. we did make it to my first target which was basically the weekly opening price and I adjusted my SL into profit.
Price pushed back up to take today and yesterday's high out and ran back down to target 1 again. ...
Traders, CADCHF was brought to our attention as it came and re-tested a weekly support zone and formed a double bottom on the 1hr timeframe. We waited from the break of the neckline before looking for an opportunity for a move to the upside. We will look to add in if we get a confirmed break of the previous daily high circled. Target the resistance at the top.