Waiting for EUR/USD long position, upward TL still carries bullish momentum, sup/res area, also a Monthly Mpiv and Weekly Piv. Probably won't play out until next week when we get some liquidity in the market from data. If that position gets stopped out, shorts until 1.11. Right now 1.12 the figure is my high probability trade, Target at 1.14, will be moving stop...
USD/CAD has been heading downward, looking for a short opportunity, 1.2875 seems to be a good area of sup/res, there's a weekly and daily pivot, and the trade has good reward/risk.
Bearish Gartley, counter trend trade, target is a sup/res level, 70 pip risk to about 220 return, but the main trend does look bullish. will be looking for long positions after price hits at least around the 0.7460 area. Manage risk.
EUR/USD has made a correction move all week. Next week we may see a continuation to the downside. Until then it seems as if a bearish Gartley pattern may be forming for the next plunge to the downside. There is hidden divergence on MACD also forming and Point C is Sup/Res on the hourly chart at 1.0720 to make a 1.27 Ext into1.0920. As long as that upward...
