current open positions (OP):
sell usd/jpy 226 pips
buy usd/cad -2 pips
usd/jpy: Based on MN1 chart, there is a good likelihood that the tendency on W1 will finish soon. The open position could be kept for a long time; and there will be plenty of opportunities for adding on.
Usd/cad: On W1, the tendency appears to be established and it's reasonable, although not very secure, to put in a long position using the sign on D1 chart.
At the comming days of the week, it's very probable that all of the non-usd's are gonna enter retraces of all H4-level; then, if the lengthy trends on D1/W1 have yet to be broken, then there come the golden possibilities for entering H4-level long positions for the majority of the, in the end, non-usd currencies.
Reply With Quote
