I am looking for the price retrace to 50% level on weekly time frame and bounce to retest the upper trendline. I have one SELL position still open and set the Take Profit on that 50% zone. It seems like an interesting zone to watch in the blue box confluence with the 50% weekly retracement level.
My Trading idea on GBPUSD Bear is still in control. I just want to make it simple and clear with my trading idea on GBPUSD. waiting for the price to retest that level to place my short order.
This is my trading idea on EURCAD. I am going long as the price is on its move to retest the blue line zone. Will it break, or turn? Feel free to share your idea.
I am going short on GBPUSD. The price failed to continue its upwards momentum and it seems like the bear has gain its power. my next profit target will be the previous low at 1.32100.
This Is my trading idea on AUDUSD. I will try to short the AUDSUD based on breakout and retest the trendline on weekly time frame. I will wait on price rejection and confirmation on smalller time frame.