3rd touch trendline, entry was hit (pending order). Dollar has taken a beating last couple days, nice support zone, along with trendline good confluence.
Have hit major support - closed yesterday daily candle above 1.39 - good signal that we are going long. Price has been dropping through Asian and London session, crude oil inventories coming out. Good R:R for longs. Cad should get a good drop this week, been overpriced IMO
Have hit major resistance zone and psychological level 108.00 - got and hourly wick rejection which for me at this major zone was enough to confirm a rejection. Entered after hourly signal. Good swing level, could hold this for the week. Will adjust as time goes on.
Quick scalp, continued strength after US market open for CAD - USDJPY had hit major resistance at 108.00 - Big demand zone @ 1.388 momentum was going to take us there. Entered as we broke the low of the previous hourly support, Trade done in 5 mins. +20 Pips
Waiting for a little bit more of a pullback, have pendings set @ 1.41245
Broken 4h support retested. We got anice pullback due to Trump announcing help for oil industry and OPEC calling a meeting for today to discuss. Fundamentals line up with technicals, Buy the rumor sell the fact.
Updated chart of earlier GBPAUD analysis
As described, will update when entry taken.
As described on chart, will update as trades are taken.
Have pending sells @ 76.522 SL: 76.700 TP1: 76.025 TP2: 75.275 We rejected 76.860, oil is dropping hard. Broke minor 1h support @ 76.560, entry is on the retest.
As described on chart, will update as trades are taken.
As described on chart, will update as trades are taken.
As described on chart, will update as trades are taken.
As described on chart, will update as i take my trades.
As descibed on chart - Will update as entry taken.