Still liking this overall resistance area although I do want to be patient and wait for further rejection in case the last little push down was just a pull back before going higher.
Sorry I kept it short as it wouldn't unload previously, but what I'm looking for is rejection from around that new supportive area of 1.13800 for a continuation move to the upside. Obviously you want to wait for confirmation once price reaches that area before looking at taking a trade but what I've got highlighted is pretty much what I'm looking for.
Still watching price as it continues to push up but i am looking a catch longer term short positions to either make a retracement or continuation back to the downside.
Still may take a few weeks but I am really interested in GBPUSD around 1.36100 for some big moves to the downside. Looking at a reversal from a huge area can get messy so ill be watching for any aggressive upside wicks to get in nice short entry's.
EURUSD still slow but just mapping the next moves once price can show us a better direction, I still favour long trades and will be looking for buys if price comes back down to the bottom of this zone.
If you missed the little push up last night don't stress, price has been slow and looking like it may fail this minor resistance for a push back down to support or atlest make a small retracement before moving higher.
Just a couple areas that ill be looking for buys from, so I want to see price break this minor resistance and push to 1800 before looking at entering long term buys. If price can make a break and retest similar to EURUSD it would confirm a nice entry area for those buy trades.
I'm still just waiting for more momentum on this pair but am still very interested in long trades so here my best areas for entry that may slightly change but a break of that minor resistance and retest would be a nice area to jump on some buy trades.
Looking at catching a downside move on GBPCAD. A massive resistance area as well as a much needed pull back should provide entry's to create a risk free short trade.
Still holding my position with stops at entry point, price has now started to break higher some I'm looking to see if we can get an upside trend so small pull back and a further continuation to the upside.
Looking at another quick move to the upside from around the level of 1.58100 if we can see another rejection! target areas will be the last spike it made into 1.59000 and possibly further.
Still looking for buy trades on EURUSD after traveling sideways for a bit, my ideal situation would be a nice sell of on USD to give EURUSD a nice impulsive push to the upside.
In this video I brake down the analysis behind possible EURAUD shorts and the reasons why we could see move back down into weekly lows. Thanks for watching! If you agree or disagree drop a comment and leave like on the video if you enjoyed it! Follow if you want to see more! :)
I have taken short trades on EURUSD as we see some USD strength creep back into the market, now that we have seen the first sell off on the lower time frame it gives us a good indication that this area holds significance as a resistance (1.16150). Price does look a little to good to be true at the moment for a large move so I've moved stops to entry point so...
Just explained my trade I've taken on USDJPY and possible scenarios heading into the end of the week, praying for further downside but price is struggling at the moment with 113.500 so holding 50% with stops obviously moved to entry point. I will also be watching if price creates an opportunity for buy positions off that 113.500 level.
We have a very nice consolidation zone that price has created showing signs of setups both long and short, these are my areas I'm looking at taking positions from!
Looking for possible trades from a supportive area on GBPAUD and positions taken on GBPJPY like I explained yesterday... Risk Reward is key to becoming a consistently profitable trader.
In this vide I explain all the reasons why I expert to see more upside for USDCAD back up into 1.28250 level Thanks for watching! If you agree or disagree drop a comment or a like on the video and follow if you want to see more! :)