CADJPY POTENTIAL SHORT 1W Chart: *The weekly chart last week displayed very strong seller power resulting in a large push to the downside by sellers *The weekly had bearish engulfing candle with lower low lower close *Strong seller momentum for one week 1D Chart: *The daily chart is sitting at recent significant structure *Based on the weekly timeframe (big...
GBPJPY SHORT 1Week Chart: *Last attempt for buyers to come in\ *Lower Low lower close on 1W time frame going into this last week 1D Chart: *Breach and break of buyer trend line on the daily timeframe *Lower Low 4H Chart: *Entry based on lower close of candle *Good risk/reward Entry: 144.700 Stop Loss: 147.500 Take Profit: 140.00 Always make sure to...
SHORT setup producing on the charts this week. Awaiting a retest of the fib, be aware of potential spike upwards to squeeze the short sellers before going short.
Price moved up into previous supports, now turned resistances. I'm looking for short signals on the daily time frame.
Price moved into a previous support, now turned resistance. I'll be looking for short signals on the daily time frame.
$ Unemployment was soaring lower at 4.7% vs 4.9%, but markets went for the NFP print instead though - taking it as dovish for the $ pushing it lower. I think on the other hand this provides a great opp to sell the GBP or EUR topside Extremes at 1.451 and upwards as the fed considers unemployment as its target NOT NFP prints, i actually think this EMP report was...