BTC has been stuck for a whole week too, lets wait and see if we either get a break to the upside so watch for a break to the upside. If we don't, we will see if we get an opposite sell signal with our strategy.
UC Signal on the H4 timeframe, a slow week last week for lots of pairs - same with USDCAD, the H4 timeframe being the cleanest mainly with the previous weeks trades still being valid.
Lets see if we can push higher next week and the long position play out.
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We banked +209 pips on the last move down, out at entry on the buy that didnt move in our favour, we have now followed the sell position.
Let's see if we get a further push down this week.
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Price has fallen nicely into daily res. swing low from 2nd March to swing high on the 6th March retracement puts price just below 61.8% key level, and also have the moving average crossover too. Standard risk reward, see how this plays out.
I believe that USDJPY is going to break retest the resistance above. Once a clear new support is found the next target will be the 107.947 level. I have found my target not only through structure, but also through using the fibonacci retracement tool.