Necklinetrader
USDCAD ResistentPrice still moving inside the channel, and now back to resistent.
significant horizontal resistant and upper trendline will be a turning poin.
i will observe smaller timeframe for any entry.
if any rejection in smaller timeframe, will look for short entry.
if price break the resistent, buy on pullback will be a strategy.
AUDJPY Buy SetupThis setup is a bit late, but we still have a chance to buy.
after complete inverted head and shoulders pattern, break break neckline, pullback and bounce.
we can take a buy position when price pullback again to minor support.
targeting 50 persen fibonacci retracement on structure resistan.
EURUSD on the Resistantafter some upside movement, price back to resistant level.
we can try to catch another potential downside movement.
But for this, we need some confirmation. we need to wait price to break minor support on the red zone, after that we take a short on pullback.
RSI also shown overbought
SL above the high. targer on chart