There is a high quality supply zone setup on the CAD/CHF pair on the 4-hour time frame. If you break it down to the 1-hour and you like RSI , there is some strong bearish divergence as well. Looking for a nice drop to the .740 area.
Here we have a demand zone on the Pound/Yen daily chart. I'm really liking this zone and think it will hold true. COT Data suggests that the GBP could be turning soon and that also is taken into account for this trade. Commercial traders have increased their net long to over 60,000 on the, taking profits as the Pound has been taking a beating, while large...
I'm looking at a long from the area Pound/Dollar is in right now to the 1.31 supply zone. COT Data suggests that the GBP could be turning soon and that also is taken into account for this trade. Commercial traders have increased their net long to over 60,000, taking profits as the Pound has been taking a beating, while large speculators are net short about 50,000...
