Zonetrader
AUDUSD Short continuationNice move overnight, looking to ride the bearish push further to downside. Waiting for good rejection of higher price and will be shorting after NY opens up in a bit here. Looking like risk off vibes today gbpjpy fell hard overnight as well. USD pair longs today risky fx shorts, that is unless something changes it!
MKT structure very bearish as of now in audusd... best case scenario would be coming up to 6962 area for a last kiss but it might not make it that high up
USDCAD long then shortI am long right now at 1.3485 second target is top of the range, if we get there maybe sells tooo??
Would be third touch trend line on key level, with good price action and still time in NY left could be nice, I will be watching
The alternate scenario we come back down to support area and bounce again, in that case I would be waiting for buys, but probably won't happen
USDCAD BuyIm betting it will come down to 3738 level and make a triple bottom, fake break the triangle and shoot up afterwards
after price action rejects and confirms then longs away
Sellers cant seem to break this level and not much momentum anymore to do so, unless we get some major news release
not taking anything if price action doesn't look good, choppy today so far
EURUSD getting ready for liftoff?EU has rejected a major zone for the second time. We should see about 15pips to the downside to retest a lower zone, it is here where we wait and watch price action. If we can have confirmation in either a Pinbar, Bullish Harami, or Engulfing, expect this bad boy to take off to the moon, or at least our atmosphere ;) However, if we break through the lower zone, get ready to watch this fall into a cave yet again. As always, be fluid traders.