Small long idea here, tight stop at the monthly close, looking for momentum to take it higher
Based mainly on the idea that the last week closed back in at the highs and CHF has been stronger in the recent runs. Seeing potential to sell the rallies back at previous weeks highs.
Looking for pullbacks to short at these levels. Basically selling off the yearly close, seeing shorter term usd flows as being bearish.
Potential Long at previous W low, M high, depending on the context of the move into the level. Will be looking for this move.
Looking for DXY to ultimately trade lower for the nearer term, depending on how the move down deals it may continue higher above the previous 6m close eventually.
Price seems relatively low on the recent range and a long to run it back to at least mid range seems feasible.
looks like the lower end of this range is washed, a retrace to midpoint could provide an entry to fill the gap lower. Countertrend, ultimately looking for a long near the current months low later.
Looking for a response here off the previous days highs. Targeting 1.550 max.
looking for this longer term move on GBPCAD towards 1.6
Thinking this is longer term still bullish but I think it needs an extension lower to keep it going.
Thinking this week may close back inside the range, so a response here might make sense.
Looking for a pullback retest here at the round number. Seems probable based on the weekly candle situation.
it already cleared some of the liquidity above so if it moves above again and then retest the W close could be a long to draw back up a level or two.
if price draws back before breaking into new highs this could be a decent pullback.
Looking to get long here if it pulls back to this level. Thinking it could trade back above weekly close.
Bigger picture, I think it wants the other end of the monthly ranges.