


SHAQZ
Eurcad failed to take off yesterday and price crashed down but was caught by support key level sighted if price break through level place buystops to catch the impulse
As predicted Usdjpy shot up but as price approaches the level we see signs of weakness forming into a wedge after a impulse which usually means signs or reversal will set sell stops to catch price as it drops
Update on Uj we got the drop expecting a pullback to form a shoulder to confirm a reversal pattern to continue to the downside lets wait and see what price does but my thoughts are still to the downside trade is activated
Price has made the first move to the upside im seeing a possible inverse head and shoulders forming if price does behave this way will look to get in on a second long trade
Eurusd we had a small drop as predicted now price showing reversal signs set buystops around 1.16930 sl @ 1.16710 tp @ 1.17160
correction wave to a pervious level where price shot up, price currently stop hunting in prepartion for a bigger move to the upside
Price broke previous highs currently testing for support looking for the next impulse
after the push we see price correcting i will have buystops set at previous highs to catch the impulse
EurUsd price is actually in a technical perspective is supposed to go up but if you look at the Dollar index which is opposite to Eurusd and which has a negatively correlated ( the dollar has made a higher higher and is currently correcting so im expecting the dollar to go up ) and if it does it will pull eurusd down hence im saying EurUsd is a short trade
this is my outlook of the next phase for this pair which is going down
possible bearish flag forming if 5min candlestick patttern form indicating reversal i will be shorting
After a first impulse we line up for another one
after a impulse breakout we get a correction to the point of the break
We had a spike up but price turned sharply at resistance and hit the 200 ema and made a nice rejection