I have decided to focus on only a few set-ups every week, less time time to monitor, and hopefully I can focus more on execution
There are 3 charts that interest me:
USD.CAD- breaking out of a weekly corrective structure, looking for a serious move here
on a 4 hour chart we have:
So those are the 2 levels I am looking to short at
EUR.USD Weekly Chart:
We are at the bottom of what looks like a potential channel, I could see this breaking down from here, or going to the top, I lot of RR if we are aiming for the top
On a daily we just broke a broadening structure, so I am expecting bullish momentum to carry on:
Lastly, NZD.JPY, looks like the daily is carving a symmetrical triangle. Which I would normally expect to continue bullishly, but based on a weekly chart, it still hasn't broken clean from a large bearish trend, so I am looking to get short at a lower high
this is the 4 hr, symmetrical triangle, you can see the channel building with resistance coming up:
The weekly, hasn't really cleared swing highs:
So these are the 3 for this week, will try an update of how things are going
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