peterthezoe

peterthezoe

Do we have a sell on this pair against the strong dollar?

peterthezoe

Here are the 2 setups that I currently see on this pair. Looks like possible support was created during London Session. Looking to see if price can rise to 86 before falling down again. Time will tell.

peterthezoe

Can we get the price to retrace to 92.9 before going back up again? Even if not, we can see another resistance between the 94.5 and 94.7 area. My bias is to the upside after this retracement to support and golden zones on fibonnacci. Let's see how things play out :)

peterthezoe

These are the set ups I see on CADJPY. Of course, we always wait for price action to show us which direction the market will end. What do you think?

peterthezoe

Here are some buy set ups that I see on this pair. My Bias is to the upside and of course I don't enter any buys without some kind of confirmation candle.

peterthezoe

Red line is a 1 hour counter trend line, if broke, I hope to see the price come back to the retest zone and then fall to the nearest 4-hour support. Let's see how this plays out

peterthezoe

These are the 3 scenarios I see present. I expect the price to retrace to 138 and from there show me where it wants to go.

peterthezoe

Bias is to the downside. I see 2 clear support levels, let's see how this plays out.

peterthezoe

Bias is to the downside to support, let's see how this goes.

peterthezoe

We may get price to fall down to a 4-hour support level, Looking for some rejection off of trendline or resistance above.

peterthezoe

Waiting for the US Dollar news to drop before entering. News and candle close will determine how I proceed with this trade. It's approaching the golden zone of Fibonacci and in a downtrend. Will sell if the 4-hour candle closes bearish.

peterthezoe

Price seemed to have retested support, however, because I don't trade this pair after 12pm EST, I didn't enter the trade. We will have to see how this 4-hour candle closes before we can say we're going back to the upside. Price can reject off 136.7 possibly, but again, I trade 4-hour candles. There's also some economic data being released tomorrow, so unless I get...

peterthezoe

Anti Trend Line has been broken Now I will be searching for a nice retracement OR a break below that daily zone. Until then, no trade.

peterthezoe

These are the scenarios I see for AUDJPY. No Trade for now, but bias is to the downside as AUDUSD has also broken support. I don't enter any trades until 8:30am EST. Even then I'll look out for a break below.

peterthezoe

My Bias is to the down zone as a 4-hour and daily zone exist above in a downtrend. Price has also just broken support. I'll be looking for an hourly close below support and/or the next 4-hour candle. CADJPY is volatile and can very easily wick back up. Let's see what happens. A perfect scenario obviously is a break and retest.

peterthezoe Updated 

I have price coming down to atleast 92.1. We'll see what happens. I bought AU on the way up from a post a couple days ago. However, not I'm to the downside as I was expecting a large retracement. I've entered for a sell since I had a great trading week and will just hold until then.

peterthezoe

I would love to see some kind of retest before buying. Time will tell. Will wait until then :)

peterthezoe

Let's see what happens. Chart keeps it simple. Price action will determine what is done next.