LaplacePoint

LaplacePoint Updated 

We have already created a good support area and the price rejected the monthly support(purple area), but the bad part is we don't have a confirmation yet until we get the results on Tuesday's news. The news is targeting both US and CAD, which are correlated Currently, DXY still has not broken the bearish channel so there is a possibility. Be ready like Jerone...

LaplacePoint

We are looking for shorts on OANDA:EURUSD OANDA:EURJPY FX:EURAUD FX:EURCAD OANDA:EURJPY OANDA:EURCHF OANDA:EURNZD this month. Obviously, news greatly impacts determining the correct entry, but you should consider the pair's momentum when you are looking for an entry. I consider 09.05 will see a change of trend on most of the EUR pairs

LaplacePoint

The entry will be active most likely during US action. The price could exceed my target, because of volume during high-impact news. Watch DXY in meanwhile if you want to get a sharper entry

LaplacePoint

We have to wait for the zone. Keep in mind that this index always respects the zones, but if you want to be safe,I recommend taking an early entry with a 3% deviation of my entry point.

LaplacePoint

We have to wait for the zone to minimize the risk!