Sell-buy
CADCHF BUY/SELLHi all, CADCHF looks like it is currently at a neutral position right now as I would recommend to wait until Monday to see what price wants to do! We have two cases where we can put some BUY orders if the support is respected AND if an uptrend starts again, we can buy the resistance turning into support.
We can sell if the price does fall, wait for a retest, and then sell if all goes well.
I personally think CADCHF will continue to move up in price to be honest but Monday will tell us.
XAUUSD waiting for sell or buy confirmationsXAUUSD we're waiting for candlestick formations to see if the pair either retest the weekly key area or will continue upwards towards the descending trend line.
USDJPY BUY? SELL?In USDJPY we have a beautiful move that we called out for sell scalps. Perfectly hit our ascending trendline and reversed immediately towards the monthly resistance. Now we are facing two scenarios. A sell stop or a buy stop.
USDJPY SELL STOP
start: 111.648
Stop loss: 111.953
Take profit: 110.195
USDJPY BUY STOP
Start: 112.253
Stop loss: 111.913
Take profit: 112.849
GBPJPY - NEUTRAL Looking for breakout
Break of resistance looking for retest to go long to tp1
Break of support looking for retest to short for tp1 & tp2
AUD/USD scenariosAUDUSD has finally reached the daily descending trendline and formed a normal bearish divergence on the H4 timeframe. If the price bounces from the trendline and falls under the last low on H4, a short position may be opened in an aggresive manner or, if your trading style is on the conservative side, a short position may be opened after the prices finishes a corrective movement and forms a hidden bearish divergence. In case the price climb higher, long positions may be opened after the price makes a corrective movement regressing back to the ascending trendline on the H4 timeframe while forming a hidden bullish divergence in regards to the last low.
GBPUSD - ShortI see a great opportunities on GBPUSD, trend is bearish, create LH and LL, tested the fibonacci level now going down to my target.
USDJPY POTENTIAL SHORTUJ FOLLOWING SIMPLE MARKET STRUCTURE
BIG PRICE REVERSAL ZONE
FOLLOWING THE TREND LINE OF THE MARKET
ADVISED STOP LOSS WOULD BE 35 PIPS TO GAIN A POSSIBLE 130 PIPS.
GBPUSD Symmetrical Triangle SetupBe patient and wait to see what the price of GBPUSD will to and then place your order. Looks like a bear movement so far but like I said, patience and waiting will show us what to do. Get your orders ready!
