Hi guys, this nice eur/usd short setup has come into play here as we are showing signs of rejection from the 1.1500 monthly level and the top of a rising wedge. Targets at the bottom. Nice swing trade idea.
Took 115 pips of a USD/CAD trade yesterday, this trade will be my last of this week by the looks of it. Going to be more active in posting my trades on here....
After moving 300 pips to the upside, GJ has struggled to get past the 143.50 level. Exhaustion is shown on the 4HR timeframe and consolidation on the 2H. I got it on a pullback into the sell zone, however, we have a current entry opportunity on GBP/JPY as it comes to retest and reject 143.00 and the Moving average.
Canadian Dollar / Japanese Yen
Price has shown early signs of rejection at the major level of 86.00.
We can see this clearly on the daily time frame. Strong bearish decline and then a few small-bodied candles with wicks either side ( this shows that there is indecision in the market between the buyers and sellers and also a bit of volatility. Three Daily...
