USDCAD Is Struggling to break the 1.3450 Zone Looking for bearish price action below the blue line to send us short With a strong push it should break the daily channel to the downside come up for a re-test and continue downward RED:SL BLUE: ENTRY GREEN:TP NO PRICE ACTION NO TRADE!
Looking For Bullish Price Action Closing Out of Blue Zone To Send Us Long Back to 1320ish And Re-evaluate what price action is telling us at the next zone. TP1:1321 TP2:1345 SL:1280 If price fails to find support trade is invalid If NO PRICE ACTION CONFORMATION NO TRADE IS ENTERED Never Risk More Than 2% On a Trade
Wait for Price to re trace back down to re test its down trend Look for bullish price action around the zone and enter trade Blue: Entry Green: TP1 TP2 Red: SL If price fails to exhaust fully this trade is invalid If no bullish price action conformation is given close the zone this trade is Invalid
Be Looking to add to previous EURUSD position if price comes down to purple zone on exhaust Look for Bullish Price Action Conformation that closes out of the Purple Zone Blue: Entry Zone Green: TP1 TP2 Red: SL NO PRICE ACTION NO TRADE
USD JPY Wait for break of trend line to the downside or Wait for Price to Re Test its zone before continuing down No Price Action No Trade Blue: Entry Area Greean: TP1 TP2 Red:SL
AUD USD Strong move to the upside to break the daily downtrend Wait for re test of trend and enter on Price Action Conformation Green: TP1 and TP2 Blue: Entry Area Red: SL
EUR USD Could be breaking out from ascending channel Trend Lines Drawn On Line Chart Clear Break Look for price action conformation Never Risk More Than 2% On a Trade
AUDUSD could be printing a nice head and shoulders pattern on the h1 As always wait for price action conformation closing below the blue zone. No Conformation No Trade Blue Line: Entry Zone Red Line: SL Green Line: TP Never Risk More Than 2% On a Trade
USDCAD could be printing a bearish flag on 4hr Wait for Price Action Conformation Red: SL Green: TP Blue: Entry Area
GBP USD Is at very respecting daily resistance zone that looks to be holding again Look for Bearish Price Action closing below the blue line NO PRICE ACTION NO TRADE ENTERED Blue: Entry Area Red: SL Green: TP 1 and 2
I feel usd cad could still come back down to re test its channel so we are looking for price action conformation closing above the blue line. Possible Resistance Becoming Support after the break. Just an Idea I'm not too set on this yet but i will let PA let me know what its doing first like always. Never Risk More Than 2% on a Trade RED:SL GREEN:TP BLUE:Entry Zone
Always wait for Price Action Conformation I feel it could re trace down to the 1285 zone again before pushing up so PA is crucial in this set up Possible re entry after breaking the purple zone and re testing it. Blue:Entry Area AFTER PRICE ACTION CONFORMATION Red: SL Green:TP
EURUSD Following a nice descending channel. Looking for price to retest sell zone (purple) before heading down south Wait for Price Action Conformation after re testing purple zone Blue: Entry Area Red: SL Green: TP
USDJPY is coming back to re test it previous resistance zone Wait for Price Action Conformation before enter this trade. If no Conformation is given this trade then becomes invalid! Blue Line: Entry Area Red: SL Green:TP Never Risk More Than 2% On a Trade
GOLD Made some strong moves this week and is now touching another critical support zone This is more of a scalp as another bull run is expected I just cant see it breaking straight through this zone without an exhaustion After a Big push comes the exhaustion wait for Price Action to confirm the exhaustion faze (bearish engulfing candle close) to send short Red:...
EURNZD Retesting Previous Zone Respected Daily Downtrend more potential room to go south Wait for Price Action Conformation To Go Short Target Around The .62250 Range
Broken Daily Trend Line Re Traced to the .382 Fib level Wait for Price Action Conformation (bullish engulfing candle close) To Go Long