Due to JPY strong sentiment, that pull the pair down not even able to make correction. You can see from the chart. The break of 261.8 will see the price heading down to 423.6 Thats my prediction and already in position in my current trade. prntscr.com TAYOR
The price rejected by strong key level. I do expect price rebound either to TP1 or TP2. I will take both TPs. Good Luck. prntscr.com TAYOR
This would be my first PO this week for EJ. Daily momentum still STRONG BEARISH. Price find higher position before continue his trend. I wish mine is right. Happy Trading..
USDCAD price finding back the demand area, where buyers try to get as lower as they can to fulfil their orders. We will see what will happen when it touch the zone. Low SL, high expected TP. GL..
After limit order executed in the previous setup, now I figured the Target. I will probably take early TP1 since.. the major trend is Bullish.
Refer to previous analysis :- Now, as promised, I have checked the S.O.P of reversal pattern. It's now valid. Pending order is placed. Wait the price to take the supply before jump down. Good luck @scandicfx
Two potential Short Entry. It depends on PA at key level. My favourite always in the top sell zone. If this pair unable to breakout the top zone, it will be good bearish move. Cut your open position if price re-act against this setup. But I believe this setup normally 80% success rate. We will see.. T.A.Y.O.R @scandicfx
A strong support level at 261.8 Fibo level, where it pullback and create reverse flag pattern. I will hold my current short position minimum at first DP, I will monitor during news. If the impact is big, the price may break first DP and go further down to next DP (Strong Key Level). Good Luck.
I believe, EU is looking for 423.6 to complete bearish move. I will find BUY position in that area... but NOT NOW. 100 pips to go...
I will find reversal pattern in this area. Get you guys updated. I wish i won't miss this time.. Good Luck for Us..happy trading. @scandicfx
CBR Key Level + Fibo 261.8 will be the critical decision point. Looking for Reversal Pattern when it reach to that zone. (If the zone does not break) This might be temporary pullback. We will see. Looking for short...
Any fellow traders could explain this?
Monday February 13th intraday... Nice entry to consider at price shown in the analysis. Check your MM before ordering and happy trading. Good luck.
This might happened to AU like NU last week. Managed to hit sharp entry. AU buyers still looking for higher price before big sellers come in. Ref: prntscr.com Patient is key in trading..
You can find a suitable entry point at suggested in the analysis. Please ensure you MM before placing your order. Happy trading and good luck.
The major trend is about to take a short retracement. Probably it may return to take Buy Limit order and go to suggested TP. Trade at your own risk. MM is the top priority in trading, good luck.
Major Daily Trend is bearish.. The pair may retrace and continue further down.. We expect the pair hit the target this week... Happy Trading.. MM 1st.. Good Luck. Send us comments...
The pair is heading to Weekly Fibo 38.2 and make a test. If rejected then it will reverse. If breakout, I am expecting it move further a head in 142 pips into SUPPLY ZONE. Look out the REVERSAL PATTERN / REJECTION. However I do believe these are the BEST Spot.