There are good shorting chances on USDCAD, USDJPY & USDCHF, but since I can only publish 10 ideas a day, I will pick this pair for my followers who regularly ask for it.
Early weakness signs have appeared on this pair and shorting this pair might be a nice idea. I am using two yellow trend lines as some charts do not show the middle spike.
The expected coming down move could be a corrective one up to the blue, red or green lines. We will decide there is this is a reversal to the downside to a correction for another up move.
For me, I have only moved my stops to break even for my prior longs and only watching.
Early weakness signs have appeared on this pair and shorting this pair might be a nice idea. I am using two yellow trend lines as some charts do not show the middle spike.
The expected coming down move could be a corrective one up to the blue, red or green lines. We will decide there is this is a reversal to the downside to a correction for another up move.
For me, I have only moved my stops to break even for my prior longs and only watching.
Trade closed: target reached:
Target is reached and now setting back watching today's close.
Target is reached and now setting back watching today's close.