Looking for a short on CADJPY before a long term swing to the upside. Watch the video for insight on this trade and please leave any feedback or alternate bias towards this currency pair in the comments
Congratulations to anyone who entered with me last week, you should've gained around 120+ pips! Also, I mistakenly kept saying minor support at the beginning but meant to say minor resistance. I closed partials and I'm going to be looking for more setups for the rest of this week and next week.
All key levels have been identified. Previous trade I posted of AUDCAD shorts was executed to perfection. Moving on to EURAUD here, the 1.632 level looks promising as well with beautiful rejection and alternation between S/R. The second entry if somehow this level fails would be the 1.643 zone where a longer-term move can be anticipated. A low-risk trade with huge...
Looking for a short and long term buy on AUDNZD with target 1 being approximately 1.045 with a tight 20-30 pip stop from the current price and target 2 being 1.08 area with wider stop (smaller positions advised for this one, payout will be larger anyway). Rejection of rising trend and previous lows.
We've seen over the years how strong of a support level 0.91-0.915 has been in rejecting price and setting up long opportunities. It's been broken and has continually been touching this price point yet this time as a resistance, being unable to surpass it. I'm looking for price to extend a bit further towards 0.915 area before entering to setup the RSI which is...
