Hellborn

Hellborn

Confluence factors: - trade is with the trend - reversal candle's (two dojis) - rejection of key 1.10 level - rejection of .5 fib - rejection of key trend line - deceleration This looks like a fantastic trade!

Hellborn

Waiting for a retest of the channel around the 1.1415-20 pivot (dont know how to add pivots) to go long. The daily is also looking in favor of a long trade. happy trading :)

Hellborn

There are several factors of confluence: -50 EMA offering support -with the dominant trend -support at 1.3420 (several touches already) -Rejection of 0.5 fib retrace I'll wait and see how this works out. With FOMC coming out this week it could be given a nice boost. Happy Trading everyone :)

Hellborn

There several factors of confluence to support this trade: - Rejection of .618 retrace from the April highs - Rejection of 50 EMA - with the dominant bear trend - 2 doji candles - triple top on the 1h With Canadian employment data coming out tomorrow this pair could get a boost to go short. So far all my ideas posted here have been correct. I hope this one...

Hellborn

Factors of confluence: - trade is with the trend (see trendline) - doji forming (waiting for weekly close) - rejection of .618 retrace (again waiting for weekly close) - rejection of 50 EMA I'm waiting for the weekly close and Canadian CPI figures to take this pair long. So lets see what happens. Patience is key!

Hellborn

We have several factors of confluence supporting a trade short: - rejection of .618 fib retrace -rejection of 50 EMA -with the trend (I'm not the best at drawing trend lines) -key 93 area which has acted as previous support -doji candle shape I'm looking to take profit around the 90 area. This pair could head lower considering that the RBA is looking to cut rates.