MICKYMENTOR
OANDA:GBPAUD I'm selling at the current market price with my target at the 2.07139 price level.
OANDA:NZDCHF : I'm going long at current market price, targeting 0.49713 as my take profit level.
$OANDA: EURAUD: I'm selling at the current market price with my target at 1.75631
OANDA:CADJPY : I'm buying from the 105.472 price level while targeting the 107.353 as my take profit.
OANDA:CADCHF : Going long from here, I'll target the 0.60591 price level.
OANDA:USDJPY : I'm shorting from the current market price, targeting 140.720 price level.
OANDA:AUDCHF : I'm buying from the 166.795 price level after the market opens.
We've had price trade in this channel for a while now, price is currently at a strong resistance area so we should be seeing a nice bearish reversal play out soon.
Price is trading in a short term corrective structure . We are likely to see a near term reversal to the downside, but for now the bulls are still in charge.
A beautiful price exhaustion manifested in this ascending channel signalling an impulsive push to the downside.
The pair has clearly been trading in an ascending channel, we are currently at a very critical point as price has retested a strong resistance area. Owing to this, a big push down is greatly anticipated.