-1.618 fib level PLAY -stop above 2015-06-18 High -wait for reversal candle and play safely -check for weak spot via MACD/RSI and signals
POTENTIAL SHORT ZONE HERE -CHECK YOUR SIGNAL AND CALCULATE SL AREA BEFORE SHORTING YEN
YOU MIGHT WANT TO CATCH THIS AREA RIGHT HERE
TRENDLINE | KILLZONE | STRUCTURE IN ONE CHECK YOUR SIGNALS THIS IS A NICE PLACE TO TRADE
CANDLESTICK + STRUCTURE NICE PLACE T BUT IN KILL ZONE
WERE YOU ABLE TO SPOT THE DOUBLE TOP LAST WEEK?
FAILED USDCAD SETUP | 1D
MACD=dvrgence = confirmed STOCK=crosses + OB condition = checked RSI=OB condition checked STRUCTURE | killzone confirmed
MACD = divergence = confirmed STOCK = crosses + OS = confirmed RSI = OS = checked Structure| killzone = confirmed SL @ 1.28 level
-just an update for the last week's trade -03-11-2016
-NEW KILL ZONE -we need to wait for this guy to go up to here or to touch the 03-01 kill zone last week. -03-11-2016
-target almost there! 02-18-2016 WE ARE STILL WAITING FOR THE DROP TO OUR KILL ZONE 78.6% FIB LEVEL 03-11-2016
-STRONG RESISTANCE ZONE HERE -all attempts were reflected back down 03-11-2016
-Another potential KILL zone -lets see if this guy will bounce on the major trend line 03-11-2016
-potential KILL zone check your signals and see if there will be any weakness -divergence - doji etc. 03-11-2016