Looks to be plenty of profitable trades forming at the moment.
Here is what I am looking at this week.
USDCHF Weekly Chart
Big potential short trades looming on the USDCHF.
Below is the weekly chart with major resistance highlighted.
I am watching this level on all smaller time frames for bearish price action to make short trades… stay tuned.
Silver Daily Chart
Super bullish market.
I am looking for value and if price can push back into support shown on chart below I will be long.
GBPUSD Daily Chart
I am a bear in this market and looking for value short trades.
If price pushes higher into the resistance shown on chart below, I will be watching all smaller time frames for bearish price action to make short trades.
USDJPY Daily Chart
As per last week’s trade ideas I am still looking for potential short trades at this key resistance… we just as yet have not seen bearish price action that I am looking for.