In this setup, got a ascending channel for usdcad which has held strong. No signs of the wedge breaking yet as the usd is quite strong atm so will be looking for a small pullback to 1.3250 and then a new HH. If this fails to play out, will be looking for the downside scenario where i will be looking for a break of the channel and a retest of 1.3250 and then for it...
We are in a descending wedge on the this pair and approaching the top tl, if we see a break will be looking for a retest and continuation long but if we reject, i will be looking for a conntinuation back to the bottom on the channel. Will be watching this pair closely.
lots of liquidity left on the upside still around 1240's and 1265's. If this pennant break downwards ill probable cut position quite early tbh but im my bias is still long on this pair. Will be watching usdjpy arround these levels on 113.65 to see if we start to decline as these pairs are inversely correlated. if we can break 1228, 1st target will 1235-1236.
Descending penant on this pair and will look for any signs of bullish PA from 1.1313 area as i think that ms has been broken and we are now bulish on the euro. Small stops just incase wrong and wil look for the sunday open to get taken tommorow (1.1340). If we can get above there and hold we should be able to see euro rise to the extended liquidity points
weekly and daily look strong for a short, expecting a pullback to 1.15800-1.16000 level and then continue short, looking for a nice 1hr entry off the ema and to get below the weekly open @ 1.1547 then this will give me more confirmation on this trade