UnknownUnicorn46293974
might be time for the bulls to take over?? lets go long
realized some profits and got back in on the retest of 127.7. markets have been pretty active for a Sunday
$EUR/USD has been in an LTF uptrend but if you look at the weekly or monthly chart it would appear the recent bull move is really just a retracement in an overall bear market.
I'll take that RR ratio any day of the week. I don't know how much more momentum this bear move has but who am I to judge that one
UJ topped out at a range high identified earlier this week. Looking for short entries on the lower timeframes
It doesn't look like 131 will hold as resistance.. longs off the bottom of this range
a quick look into my trading system and how I use RSI divergence as directional confirmation
bull flag? the GBP/USD hourly chart is starting to look interesting
Got smoked on shorts last week but still bearish USD. The market traded right into my range but that doesn't mean **** unless I can start nailing entires.
GBP is offering some crazy RR off the hourly chart. Lower timeframes show a bullflag that just broke to the upside
Looking for shorts, these prices seem a little expensive. If this moves lower I will be watching out for 131 which is the 0.618 retracement of this most recent bull run and might be a decent support zone.
A short trade is setting up around the 131 price level on the hourly (USDJPY). If/when this area breaks expect it to hold as resistance and then start the move down to DAILY support around 128