njdfj

njdfj

I am expecting GBPUSD to resume bearish trend soon.

njdfj

Another pair that maybe affected by US election is the AUDJPY, which is well known to respond wildly to risk sentiment. That is, AUDJPY tend to rise when risk-on, or tend to drop when risk-off. Looking at the daily chart, the price is still bound by a long term downward trend line (in red color), and is very close to the upper boundary, which leads me to think...

njdfj

Beware of break below trend line.

njdfj

price has broken a consolidation pattern to the downside, i'm entering short and looking lower.

njdfj

Nikkei 225 short trade resonates with USDJPY short as the two pairs are highly correlated.

njdfj

similar to GBPCHF, GBPJPY also looks promising if price breaks lower. Selling break out would be great idea.

njdfj

looks like a good idea to sell break out of a short term consolidation, for down trend continuation.

njdfj

looks like AUDNZD has entered wave b or 2 consolidation. Wait for more consolidation and long impulsive break up. This will be a very good trade but patience is advised.

njdfj

looks like AUDJPY is heading lower

njdfj

If price gets back over 104 and couldn't sustain gain once again, I'll look for sell.

njdfj

Price in consolidation mode after last week's flash crash. I will be selling the break of a short term trend line.

njdfj

selling at upper trend line looks like good idea.

njdfj

I'm watching the price action at parallel channel top, it looks like an a-b-c correction that may end at 0.618 level.

njdfj

Watch for price action at trend line support I may go long at trend line with tight stops.

njdfj

I'm entering long at current level leaning against the upward support trend line and corrective action trend line, stop is very very tight at just below 1.1100.

njdfj

it looks like an ending diagonal forming at the possible end of a large consolidation pattern. if this is correct, next fall will be fast and furious for USDCAD

njdfj

GOLD tumbled a few days ago and this confirmed a short term top should be in place. I will be looking for short opportunity for this pair.

njdfj

If NFP can send USD higher, I may go short EURUSD next week.