Continuing to look for key monthly support after another lower high
Amidst the current markets I have been sitting on the sidelines waiting and will continue to do so until opportunities present themselves to me without the risk of sudden market moves spiking stops or widening spreads suddenly. Currently I am looking at GBPJPY to see if we will get a bit of a retracement after the most recent leg down, before potential for a...
Looking at this potential USDCAD short set-up this coming week. There are a couple of confluences hinting at a possible entry in the next few days, those include; - Strong bullish push to the upside over the past couple of weeks. - 200 EMA potentially acting as active resistance. - Upward sloping trend line also offering potential resistance. - ...
Looking to fade a short after a strong end of year bull run of recent days.