Not quite oversold on the daily, But I'm going to enter long on this when the market opens. Lets see if that resistance holds up. Price might come down a bit lower. 81.5 would be my second and last attempt at a Long position.
EURGBP overbought on RSI + Daily resistance. going to look for a short here.
Closed my short and went long a while ago. I'm anticipating price to easily go above 1.378. I'm not really basing this off of any kind of objective analysis. I just have this 'sense' that we will see a strong move to the upside in the next few weeks. Just by looking at the USD/CAD in reverse, the CAD/USD, my experience of staring at charts is telling me CAD/USD...
I won't be trading this pair. But I've noticed that a lower high on the WT_LB, often indicates great selling opportunities, and vice versa for higher lows. I'm posting this idea to keep track of that theory.
I'm expecting the dollar to continue going down for a few more days. I'm keeping my short positions so long as price stays below the trend line. The dollar is showing oversold conditions on the 4h, daily and weekly time frame. After this week I think we will see a nice move to the upside.
Looking for a quick short, and then a Long after the next week or two.
This pair looks like its made a reversal to the upside, but i think otherwise. There maybe a good shorting opportunity here. Going to watch for a break of the trendline.
I've been watching the DXY 0.05% and the strength of NZD. when/if the DXY 0.05% returns on its downtrend, I'll expect a big move up on this pair. This trade will easily be worth 300+ pips. 0.695 will be a good point to start looking to enter long. price going through the resistance line will also be a good time to enter long.
I'm 137+ pips on EU short right now. keeping that short so long as that downtrend line holds up or price reaches that 1.056. After that would be the time to start looking for a long.
Looking for a short here. Still not sure where my target will be, might be 1.01
RSI is telling my to start looking for a long on the daily and weekly. After that it might continue going down.
Going to wait and see if price will come down one more time. EURNZD is looking like a solid Long on the larger time frames. This trade is easily worth a few hundred pips, it's just a matter of hoping on to this train.
Still have my old long position in this pair. going to add to my position when price meets the trend line. Pretty simple and straight forward trade, just how i like em. stop loss will be around 1.0065