usd/cad potential short opportunity. broken out of previous channel and created ascending trend line, we now have broken the ascending trend line and i will be looking to catch the sell off on this pair. risk accordingly
potential 60 pip short opportunity here on cad/jpy before looking to take more long positions on this pair but with the fundamentals at the minute the Yen being as strong as it is I believe we will see this pair fall to the 82.7 area. the low of the start of this channel it has broken out of.
risk accordingly good luck
potential long opportunity on usd/chf here, waiting for further fall to .96590 area, (another 30 pips) I believe we may see this area hit as people will be already looking at long positions from price atm and the 30 pip fall to previous low will wipe out all stop losses.
we have USD news today also so will be watching closely
USD/JPY potential short opportunity, 3rd touch of higher time frame descending trendline as well as 3rd touch of lower time frame structure/channel. good risk to reward ratio with this trade. trade carefully.
potential short opportunity on nzd/usd here. NZD news also at 9:45. watching this pair closely after higher time frame fake out of descending trendline. a lot of retail traders would have been looking at going long upon lower time frame breakout. minimal lot size
USD/CAD descending trend line followed with fibs coming into play. potential short off of the trendline, watching closely and scoping out for news events that couyld cause spikes in the market. Also taking into consideration any potential confluences that could push price higher!
USD/CHF potential long opportunity, fibs coming into play with a few other confluences. I believe A lot of retail traders will be looking to go short here at this level. I believe the institutions will drive price up and this trend will continue. with all the trade deal uncertainty I will be managing my position closely