


LesJack
EssentialUSDCHF rejected off of the 78% level/ Looking for it to continue to short until the key zone of 0.82758. I will be looking to enter at the 61% zone of set a sell stop for the 38% zone. One it gets to my 27% zone I will take out partials and continue to ride the trade down the the monthly key zone.
CADJPY is moving along in a nice long position. I marked up this chart yesterday with hopes of the opening of the market opening up and it did just that. Seeing what the week has to hold, looking to hold for the rest of the week.
Looking for EG to break the level of consolidation. Depending on which way it breaks depends on if I take a long or short position. Hopefully news in the upcoming week can give us a nice push to the up or downside.
I am looking to shorty ECAD. It has rejected off of my monthly key level of 1.58183 several times. I am waiting for it to potentially break and retest the previous level of resistance before shooting to the downside. Looking for it to short to the 1.43368 range.
I am looking to long CADJPY in the future. It has rejected the 38% fib level and it seems to be forming a W pattern. I am looking to long it to my take profit one on the fib -27% level due to the fact that that was a previous level of resistance.
Please comment below. All comments are greatly appreciated! I am looking to short EU. On the one hour time frame it seems like it is shorting I am looking for a rejection of the 38% fib level and than an aggressive push to the 1.17172 level. Once it gets to this level I am looking to see if price will break through and retest before looking for a clear entry.
GBPCAD rejected off of the 1.76630 level and seems to be falling. On the 1H time frame I seen a double top forming. Price has broken through the level of support at 1.72823. Waiting on a retest and a short movement to 1.69413 level.
On the 4H time frame I see an over all buy. However, when i scaled down to the 1H time frame I seen that an M pattern was formed on the key level of 126.567 and that my smoothed moving average was above my candle sticks. I then scaled down to the 15 minute time frame to see if i seen a push in momentum and realized that it was a retracment. Looking to short until...
Over all, AUDCAD will do short to the 0.93136 area due to the fact that it is in a descending channel. I also have confirmation from my smoothed moving average being above my candle sticks. I am going to short until the key level of 0.93136 catching a bit of the retracement before it goes long to the 0.97766 zone.