maxiboix

maxiboix Updated 

CW14 Fundamentally we expect a dovish RBA on Monday night while EUR will have a quiet week. EA has been in a long term downward channel with multiple LH LL however price has recently broken out and has formed a wedge, we expect an impulsive breakout due to the wedging pattern and the decreasing volume as well. We look to enter this trade optimally at 23.6%,...

maxiboix Updated 

CW14 Fundamentally we expect a dovish RBA on Monday night and strong unemployment numbers for CAD, poor numbers for either currency will only give us a better entry position. Both confluences from a downtrending AXY and a uptrending CXY further confirms the sentiment. AC has been in a long term downward channel with multiple LH LL hence the bearish sentiment,...

maxiboix Updated 

CW14 Fundamentally we expect a dovish RBA on Monday night and a strong dollar this week. We missed a potential entry last week on the 23.6% retracement but nevertheless we continue to be on the lookout for more opportunities. We look to take AU lower however there might be a potential H&S pattern forming, if price decides to push up higher then we will not be...