Hello traders,
Let’s hit them charts:
1. USD/CAD
On the USD/CAD we have an ascending channel that has held price since February, but got breached sometime in June.
By September, price got back within the ascending channel and continued to respect the key support zone, until last week Thursday, when the key support zone and 200 m.a was broken by a strong bearish candlestick.
This week, my bias is heavily bearish on the USD/CAD. There is a huge possibility that the week may start with a pull-back, before heading to NPSZ
2. AUD/USD
The Thursday bullish candlestick breakout of a key resistance zone on the AUD/USD has already given us a bullish bias.
I will be looking for a bullish trade opportunity this week. Our profit target will be NPRZ
3. GBP/JPY
This is a setup I carried over from Friday last week into this week.
The key support zone still holds, and the 200 MA is looking good. This week we may see price revisit 183.469
What say you?
NOTE:
-
THE FUNDED TRADER: (Use the coupon code: THE0CRAFTER)
- BESPOKE FUNDING PROGRAMME
- FUNDED ENGINEER
- BLUE GUARDIAN (Use the coupon code: CRAFTER)
- GOAT FUNDED
- LARK FUNDING
- SKILLED FUNDED TRADER
- MAVEN TRADING
- MY FLASH FUNDING (Use the coupon code: “FILLIPO” for a -25% discount)
- THE5ERS
