BlueMindRichard

BlueMindRichard

USDCAD hit the bottom of an ascending channel. Failed to break it. Been a valid Channel for Several months.

BlueMindRichard

Head And Shoulders formed on H4 - Set short at 142.600, which is past the neckline. Target 1: 142.000, target 2: 140.500. Practice safe trading

BlueMindRichard

EURUSD is rejecting the bottom of the parallel channel it is sitting in. Rejected off wick on H4. She's going up folks!

BlueMindRichard

CADJPY Failed to break through the 0.618 FIB on the Daily which also acts as current support of the downtrend and past support. Looking for Short Entries upon another failed retest of the 0.618 early next week.

BlueMindRichard

NZDJPY is sitting now at 0.5 FIB extension, past resistance and is reaching 70 on the RSI. It might try to break through to 0.618 FIB but will then most likely fall to retest support again. Looking for Short Entries early next week.

BlueMindRichard

USDTRY will continue it's descent. After rejecting a bullish exit of a strong, months-long bearish channel, price is now sitting under EMA and back inside the channel.

BlueMindRichard

USDTRY will continue its fall. It is sitting at the top of a very strong bearish channel which has been respected for months. In addition, market has rejected a bullish exit with a wick off the EMA, under which price still sits. Shorting with a TP at .786 FIB (5.05922). Practice safe risk management.