Another approach I am looking at is a 15min T/K Cross to the downside + break of 1.38694
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DislikedAnyone make a move on the USD/CAD yet? I'm going to wait on till the close of this candle...Ignored
DislikedI'm also buying GBP/JPY here. The 5-minute 50 and 100 moving averages have crossed over the 200: {image} We should see at least 170.25-170.50 and if we can get a 50 ma crossing over the 100 ma on the 15-minute we could see 171.50 and higher. Basically, taking these hoping we chop that wood I was talking about in the weekly outlook.Ignored
Disliked{quote} I'm selling here (~1.3885)... I'm really liking the price action we're seeing here to start the week. The 5-minute looks like it wants to rollover and it's giving us a good, tight stop loss (~1.3930) opportunity. I'm targeting 1.3550.Ignored
Disliked{quote} Depends on oil action. If the oil prints 30.50 and below we are in for higher U/CADIgnored
Disliked{quote} i typically use a combination of BB bands, RSI, and MACD on an daily and hourly timeframe, and right now they confirm everything you say. should be support around 169.8 within the next day or two. maybe it'll hold but, if it doesn't, it could be a quick trip to 165-166.Ignored