JimmyDATRADR

JimmyDATRADR

Short Smaller time frame below

JimmyDATRADR

Short

JimmyDATRADR

Short, pay attention to news

JimmyDATRADR

Long, check fundamentals and base entries around news reports.

JimmyDATRADR

Head and Shoulders pattern imminent, No oil buyer sentiment in the market at the moment amid coronavirus.

JimmyDATRADR

I think that price will respect the resistance zone and price will pullback into the channel to complete head and shoulders pattern. Price is also already at the 38.2 level fib.

JimmyDATRADR

BUY then SHORT

JimmyDATRADR

Took short at entry, in profit. I'm going to wait to see how the price reacts to the resistance zone. Might bounce towards the upside or could break resistance. I Set Sell stop under the resistance zone . Let me know what you guys think. Have a Safe and Positive trading week, this is going to be a wild one.

JimmyDATRADR

Sell

JimmyDATRADR

A travel ban was imposed on European countries over the weekend, sellers will take over then the buyer will take over the reversal.

JimmyDATRADR

SELL, economic calendar on USD suggest bearish

JimmyDATRADR

Buy

JimmyDATRADR

At 12:00PM Eastern (5PM in the UK) the president & Chairman of the Bank of England will be speaking about what I assume is an incoming interest rate change following the interest rate changes of the U.S. and Canada. I'm not sure what % rate change will be but I have a good guess that it is going down causing volatility in the bearish direction for any GPB pair....

JimmyDATRADR Updated 

Technical prediction, pay attention to fundamentals, might affect price movement.

JimmyDATRADR

I think the Bank of Canada will be lowering the interest rate down to 1.25% copying the change from the FED yesterday due to "Corona Virus." The rate will be changed to not offset the economies of both countries. This could go both ways, either I'm completely wrong and BOC decides to hike rates (Un-likely) or BOC does lower rates and CAD goes bearish, OR nothing...

JimmyDATRADR

Might be completely wrong honestly.

JimmyDATRADR

Strictly TA analysis, I would keep in mind fundamentals as Institutions/banks relocate assets into Franc safe heaven currency moving away from YEN due to coronavirus uncertainty. WIll be keeping an eye on YEN economic reports throughout the week (Thursday Especially, expect high volatility in Tokyo session)

JimmyDATRADR

I would wait for the price to re-test resistance line, if rejected it will drop to support level and either continue bull run or start to rang/consolidate, I don't see a reversal for bearish trend happening anytime soon until japan fixes their economic turmoil. I see that Japan's economy is taking an assfucking from Coronavirus scares and banks/Institution big boy...