I am currently looking for a bearish UCad, based on fibbs, levels and structure on higher time frames.
I am still Bullish on EU. With the confirmation of Fibbs and levels not seen on this chart, I am still looking for Euro Dollar to go long.
Based off of last week's look at EU, I am still currently Bullish on EU. My arrows are just an outline for what I am looking for. I have levels and areas that I am looking for that are not shown. So, based off of my fibb levels and the areas that I have drawn that are not shown, is why I am expecting EU to be bullish and quite oppositely UCad to be bearish for the week.
In confluence with my EUR/USD idea, I am looking for GU to go long. With the expectation of a short dollar index, I would like to see all XXX/USD pairs for forex to go long, as well as some cryptocurrencies to go long as well. This is just my theory.
Considering the DXY and UCad, I am looking for a longterm buy on EU after enticing sellers. This is in confluence with the Fibonacci and other levels (the ones not shown).
Currently looking for a Bullish UCAD for the rest of the week. Then for next week I will look for a bearish UCad. Looking for a retracement down so I can buy for the rest of the week.
Based off of EU's momentum to break highs. I would like to see EU to continue to run previous Daily highs/resistances. I have an arrow drawn for my bullish trendline. However, I even expect that to break, along with that dotted line that looked like previous support. This will entice sellers, even when it is a buyer's market. If you check out my previous...
Although this is only showing the Daily chart, I am overall looking to see EUR/USD (EU) go long. I would first like to see EU to make an attempt to go higher first in the beginning of the week to trap early long traders. Then I would like to see it Short those traders going long, which would in turn take out buyers stop losses. After early buyers have been taken...
I feel very bullish on UCad, based off of what I am seeing. I would like to see how this plays out.
Currently looking for the Dollar to be bullish long term, after viewing price action.
Currently looking to sell UCad for the next couple weeks. Hopefully we can get more movement than consolidation. The yellow boxes really have no significance. However I am looking for bearish movement.
Currently Bullish on the Pound/Dollar. Although on a higher timeframe it is consolidating, I am looking for bullish price movement for the week currently. I normally do not trade GU, however I am currently up and doing my magic (applying what I have learned).