Each line represents a new high on the bullish trend. The latest peak is below the previous high and we're breaking the support line. We're going to wait to short for a little more confirmation, but we could be reversing here. If you get in now, set stop loss at 148.52 Take profit's will be determined once we get confirmation, but for now, if you get in, ride it down.
USD is weakening USDCAD Enter now Stop Loss- 1.315 Take Profit 1- 1.308 TP 2- 1.308 TP 3- 1.302
Possibility for USDCAD, if trend continues in this direction we're looking at a large M formation.
USDJPY at a 6 month high, looking for a reversal at around 112.700 Stop Loss- 113.000 Take Profit 1- 112.100 Take Profit 2- 111.222 Longer trade, hold. If we hit stop loss we will look to re-enter around the 113.4 range.
EURUSD Enter now @ 1.68 range Stop Loss- 1.700 Take Profit 1- 1.65 Take Profit 2- 1.61
Enter now as a buy Stop Loss- 1.3145 Take Profit 1- 1.3222 Take Profit 2- 1.325 Take Profit 3- 1.328
Meant to post this earlier today Bought at A, Sold at B Setting buys at 82.3 and 82.16
USDCAD ran straight into resistance. Sell @ current price- 1.3198 Stop Loss- 1.3225 Take Profit 1- 1.31662 Take Profit 2- 1.31337 Take Profit 3- 1.30822
Enter a sell @ current price around 1.583 (very small incase of retracement) Sell at the peak of M bigger position 1.586-1.5865 area. Stop Loss- 1.589 Take Profit 1- 1.5805 Take Profit 2- 1.5765 Take Profit 3- 1.5716
Broke support trendline, may be creating a large M, double top has been created.
Dow possibly creating a harmonic bat wing formation. Should test 24000 again if this pattern plays out.
Projecting it to bounce back to 24425+ range before dropping again, will see a breakout possibly mid to end of week, will determine a further analysis then.
nzdusd in a basic trend for a fairly short term buy.
USDCAD currently at it's highest in a full year, with a peak of 1.337 and dropping at it's current price 1.32681. May test resistance again. Putting a sell heavy sell in @ 1.333 Sell stop @ 1.324 Take profit 1- 1.308 Take Profit 2- 1.28675 Take Profit 3- 1.2576 Stop Loss- 1.343 Once TP is hit, make that your stop loss and ride it down.
Long term support in action, hard pivot is a great sign for it to keep going long. The drop it just had was a fake-out for the long term uptrend. Awesome Oscillator shows breaking of the bear and into the running of the bull coming. Tested resistance at 0.76, currently at support at the 0.754 area, Once it break resistance of 0.76, expecting to go long to next...