Premier_FX

USD weaker than Jake Paul

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
Jake Paul is a weak boxer but a good business man, he will get put in his place by Woodley.

1.264 level has previously been used as a very strong resistance level if you look back to March and April this year price touched or came within a few pips of touching around 8 times in this timeframe which makes it extremely strong!

Since the start of June price has made massive bullish moves of around 600 pips up to this area, price is currently only 33 pips off our 1.264 level and did push up to only 20 pips off this level last week so entering sell trades now would be a very good area to do so.

I am already in long term sell trades but i will be looking to add to these at market open providing there are no market jumps at open.

I hope this analysis has helped you, only take this trade if your own analsis lines up with mine.. Do not trade blindly based on someone else's analysis!

Comments

LOOOL your title!
+1 Reply
Premier_FX WicktatorFX
@WicktatorFX, Haha think he stands a chance against Woodley?
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WicktatorFX Premier_FX
@Premier_FX, absolutely not! Jake is way too soft. Tyron is a beast!
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