Price action poised for a strong pop for digital gold. As for me. I've got my money on BTC off to new aths eventually.
EURUSD will be one worth keeping an eye on when the market opens up. Coming up against a nice area of confluence. If price holds/gets rejected, one could look for shorts for a nice RvR If price aggressively breaks up, then look to get in on the re-test long.
Awaiting the breakout North on EURCHF. One can either wait for bullish price action to emerge- breaking out of the bearish descending channel before getting in (less aggressive) OR One can look to get in long if/when the market makes a new low. (MORE aggressive) Happy Trading :)
After strong break of the trendline, will be looking for a corrective move for the next short-term leg down.
Natural Gas is approaching it's 2016 low. Affording a great buying opportunity.
Will the price of oil drop soon? Will it continue to grind higher? My outlook is overall bearish on oil, and am uninterested in any longs from here.
Anticipating bearish wave to downside.
Looking for price to continue to correct into area of interest from which point will be interested in longs.
Potential text-book Elliot wave formation. Price correcting back into heaps of confluence. Will only be interested to go long. Wait for bullish price action.
Anticipating large bullish wave on AUDNZD.
AUDJPY approaching major area of value. With the brief exception of the financial crisis price hasn't breached these lows in over 15 years. Will be favoring longs. Keep an eye on price action at the level and be on the lookout for buy setups. Tremendous upside potential comparative to the risk. Good luck!
See my weekly analysis on this same pair for the bigger picture backdrop. Would like to see the market take out the lows, making a liquidity grab before taking off aggressively to upside.
NZDJPY is approaching major historic support offering some fantastic risk vs reward long-term trading opportunities. I'll be favoring longs as price continues to head lower. As I'm favoring longs at this level, I'll be keeping an eye at this level to see how price action responds looking for buy setups.
CADJPY on a Weekly basis is approaching a very long term historical low. This provides an excellent and rare position-trade opportunity that offers a lot of potential upside relative to the risk. Tremendous area of value for a long-term trading opportunity. *NOTE* Although I'll be favoring longs as I'm suspecting big money to come in building long positions...
AUDUSD WEEKLY minus a brief stint in the midst of the financial crisis, AUDUSD hasn't seen price maintained below .6900 for over 15 YEARS!! As a long-term value play I can't think of a better opportunity at the current moment, Heaps of upside. 1,000 Pip Trade in the making!
Price on AUDUSD is setting up nicely for significant swing higher.
GBPAUD is poised for nice bullish wave to upside. Currently in long and will be looking to hold and even add.
Price is poised for a big bullish wave up. Keep an eye on price for it to pull back to the recent lows. I'll be looking for longs if/when we get price back to/tagging the lows. Trade with care my friends! Cheers! :)