AJ Back At Supply As USDCHF Falls

So last week USDCHF continued the rally up to supply and then reversed, whilst EU has a different reaction. USDCHF is still on the list and I'm looking at other pairs too.

AUDJPY - Short

AJ has rallied to a previous daily supply level so I'll be monitoring for a reaction this week. It's already rallied higher that the last visit to the level so we may not see a reversal but an engulf instead.

2016-09-04 AJ Short D1

USDCHF - Short

USDCHF fell from the supply level we've been watching. The path still looks clear in terms of profit potential so I'll be looking to see if we get a short opportunity.

2016-09-04 USDCHF Short D1 v01

 

 

Video

Premium Analysis

For this weeks Premium Analysis Video members can click here

Recent Posts

EN Short Continuation

By Joe Wright | September 15, 2019

Projections

By Joe Wright | September 8, 2019

AU Short With The Trend

By Joe Wright | September 1, 2019

GU Rallies From Demand

By Joe Wright | August 18, 2019

Major Levels

By Joe Wright | August 4, 2019

Leave a Comment





Want to improve your trading? | Download your free Traders Checklist

x

Learn To Read The Market

Your guide to consistent trading profits:
  • Identify high quality setups
  • Learn to read price action
  • Trade with confidence
x