The Sell Side of the Market Maker Pattern has begun. Time to take advantage and ride the trend down.
Based on my DXY analysis, i believe a possible lower low would be made this week.
Waiting for a break of 1917.19 to buy to levels highlighted, then if it fails to break for a buy and meets my trade criteria for a sell, would ride it down to 1864.40 and 1804.44.
But before the higher high movement i would love to see a slight drop to 93.528, but if it drops further to 93.400 would wait and watch price action unveil itself before i take any action
Looking at buys to presented levels, but will only short when price breaks the 0.94868 level
Waiting for price to test marked level before heading to targets. Until price breaks the 1.35507 level before i look for a sell down to 1.33814
A perfect uptrend for several months, but waiting for price to react at 112.538 level before deciding on what to do. Would sit on my hands on this one. But definitely a nice pair to monitor This is just a trade idea and not a financial advice.
This present rejection candle could see EURGBP dropping sooner than expected. This is just a trade idea and does not provide financial advice.
The Canadian Dollar/Japanese Yen (CAD/JPY) pair presents to us an opportunity following an upward trend movement. A good buy setup would be to set a buy limit around the 77.284 zone for a proper Risk to reward to 79.830 as a target. A safe sell can only be seen when price breaks 77.284 zone and retest that level before a fall to 75.708. Advise is to watch and see...