HutsonBay

HutsonBay

A delightful setup with targets on the daily chart of 61.8 % retracement

HutsonBay

plenty of downside on this pair

HutsonBay

Lovely opportunity for bear traders to pile in after the CAD CPI data today 2 take profit levels One at supply zone and one at bottom of the channel

HutsonBay

Another pair that has probably caught a lot of people out with mixed signals (myself included) Time to go long and hold on

HutsonBay

Will use fib levels to judge exit and also the 4hr trend line could be a place for buyers to get in

HutsonBay

Buying

HutsonBay

I know lots of people were short on GJ looking for a big break lower Despite poor wage growth and retails sales in the UK the bulls are in control This trade was entered on Monday and looked dangerous Now we are laughing

HutsonBay

Market has retraced and successfully found support at 0.8855 which was a 61.8 retracement Running into 55 MA and looking to another rally lower. Will be prepared to cut short if the market rejects lower fib levels

HutsonBay

Series of Lower highs forming Broken through key level of 1.6782 Retest the key level Bears looking to move lower to 1.6162 Worst case scenario this trade is stopped out and we re-enter at the 4hr trend line

HutsonBay

Breakout of two confluence areas - Tonne of buyers getting into the NZD after the election result Expecting a retest of 1.6913 before another bullish move higher

HutsonBay

It looks like a lot of traders have been caught out in the chop. Looked like a great short setup but has broken to the upside on both trendlines. We now have a bullish candle to the upside and looking for a take profit level of 137.42

HutsonBay

This pair can chop like no one's business On the daily and 4 hour we have a mess of confluence areas Initially my bias was short on this pair, but given the moves higher, i am now looking at 116.47 Happy trading

HutsonBay

Lower Highs forming STOPS above the highest high / trailing just under 200 MA Double rejection now and looking for a push lower to 0.7733

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It's time again

HutsonBay

Back into the sell zone

HutsonBay

Using fib to scalp some bullish profits

HutsonBay

Short the break lower - possibility of reentering second position if we re-test

HutsonBay

Trading back into the daily channel