Pairs on Watch -
EURJPY : Overall the Yen pairs are still looking bullish in line with the JP225, and although the sequence may not look the cleanest it still has context for the longs. I will be waiting to see if the base holds for the longs and we get an insurance entry on the lower timeframes, if we do I will manage into the high incase price develops a larger structure.
EURCAD : Although price looks far down in the run from the highs, we can see breaking down the price action that everything above has now completed which opens the door for us to continue getting short if a structure forms. I am looking for a pullback into the ray line area for a 15M risk entry, however also aware price could develop a structure sooner and drop out
EURJPY : Overall the Yen pairs are still looking bullish in line with the JP225, and although the sequence may not look the cleanest it still has context for the longs. I will be waiting to see if the base holds for the longs and we get an insurance entry on the lower timeframes, if we do I will manage into the high incase price develops a larger structure.EURCAD : Although price looks far down in the run from the highs, we can see breaking down the price action that everything above has now completed which opens the door for us to continue getting short if a structure forms. I am looking for a pullback into the ray line area for a 15M risk entry, however also aware price could develop a structure sooner and drop out
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