Waiting here but potentially seeing an early pattern forming. Macro / BoJ news could invalidate this set up though. If we continue to see trading up, and a break above 99.00, there is scope for a long run. Wait for confirmation.
News on Friday on BoJ governor appointment created some major volatility which caught me out on 2 trades. Market seems to have steadied, I’ll be watching GBPJPY closely on Monday morning to see if this set up is valid. Triangle, with a long 400bps break potentially available.
Consolidation over the last few days. I expect we’ll see a move next week. Feeling currently would be a 100bps drop to 0.62, that could then carry lower. Let’s see how Monday morning opens and go from there.
Seems to be stuck in an uncertain range at the moment. Potential for 150-200bps here retesting the upper edge of the range. RSI oversold. Let’s see how things open on Monday.
Channel trading. RSI overbought, momentum exhausted. Expect to see a 100bps fall next week.
Just entered a long trade here. Break of historic R/S, I expect we’ll see a drop to 1.21 as a retest then a run up to 1.23, then 1.245 in extension.
Just placed a long trade here. Am looking for a N. American rally; both look oversold, finding support at historical resistance. Tight SL, solid RR. Give me a follow if you agree!
Just entered a short position here. RSI over, range bound, can’t see enough momentum to break up.141.00 seems to have created a lot of resistance. Looking down to 137.50.
Just entered a short position here. Channel trading, upper edge, no significant news incoming until Friday maybe. RSI looks exhausted.
Eur seems exhausted here, and can’t see it having the momentum to break 143 currently. I’ve just shared a short trade here with my community.
If 1.445 is able to hold I can see this pair making another attempt at 1.465. A break at 1.465 opens up 1.50 in the near term. I will see how N. America opens and look to enter a trade later today.
Looking for support around 1.325, then see if we can enter a long position back up to 1.37 area. Overall trend is bullish, strong USD data last week. I am expecting to be long USD over the next week or two. Follow if you agree.
Can GBPCAD find support around 1.61? If it does, there mag be a long opportunity here back up towards 1.68. Wait for confirmation. If support fails we could be on for a short towards 1.52.
looking for an entry around 157.50 early next week. Thoughts?
Saw a break of upward momentum on Friday. I expect we’ll see a retest, and some push up early this week but then I’ll be looking for a short entry around 0.699 if if fails to break back up.
Big move on Friday here with strong NFP numbers. I suspect we’ll see some profit taking and some fib retrace early this week. But I’ll be looking for a long entry at some point this week.
Broken the 100 EMA; looking short here. A lot of news out of the US this week so avoiding USD pairs.
Looking short here on EURJPY. Triangle pattern at the top end of the current channel. Give me a follow if you agree.