AUDUSD is in a weekly downtrend.
the price retraced to the upper trend line and rejected, with nfp data that came out bullied for DXY it's more likely for AUDUSD to continue selling
AUDJPY is in a weekly uptrend.
the price came to the lower trendline and failed to break it, we wait for the price to retrace to our support zone and after we get a confirmation we are entering a long position.
NZDCAD is an overall weekly downtrend, as you can see from the chart it retraced to the upper downtrend rejected it and formed a H4 downtrend in which the price also broke a strong zone.
we wait for the price to retrace and reject after we get the confirmation we are shorting USDCAD
As you can see the above analysis shows that the price is reaching the base of the uptrend
Not much to say about this but the marked us sessions high and low are areas that big institutions like to play with, so this has a high probability of going as planned
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Not much to say because this is clear, and those marked us sessions high and low are the points that big institutions like to play with, so this has a high probability go as planned
If you feel like this is helpful please follow me or like this idea and that's all i ask for
Thank you!
