EURCAD SELL INSTANT EXECUTION. PRICE HAS REVERSED FROM A DOUBLE TOP AND WE ARE NOW LOOKING FOR TARGETS AT A NEW DEMAND ZONE. TO CONFIRM THE DOWNTREND THEIR IS A BIG BEARISH POWER CANDLE COMING FOR A HEAVY SUPPLY ZONE.
NICE STRAIGHT FORWARD MOVE. PUT SL IN PROFIT AFTER 25 PIPS
EURCAD i am looking ofr one more drive to the upside in the region of the yellow liquidity box and then a sell off of a minimum of 50 pips. The yellow box is where many banks and hedge funds place large selling orders and we are looking to get in with them. We also could have a potential triple top off the 1.50500 region.
AUDCAD IS FOLLOWING STRUCTURE FOR THE ABC PATTERN MEANING WE COULD HAVE A SELL OFF.
FIBONACCI ALSO ALIGNS WITH THE SPECIAL POCKET OF 61.8 AND 71 LEVEL.
STOP LOSS OF 25 PIPS WITH A GAIN OF MINIMUM 75 PIPS,
2ND TARGET IS 110 PIPS AND LAST TARGET IS 140 PIPS
BARING IN MIND NFP ON FRIDAY WILL BE HUGE SO BE WEARY
USDJPY FOLLOWING STRUCTURE WE COULD EXPECT A NICE SELL OFF FOR THE THIRD LEG MAKING NEW LOWER LOWS AND LOWER HIGHS.
IF YOU ARE TAKING THIS SELL ITS AN INSTANT EXECUTION WITH A STOP LOSS OF 25 PIPS.
ALSO COMPLETION OF THE M FORMATION