EURJPY - Long
Price has been falling nice and after a short opportunity from last week, I'm now looking for a long. This is the same demand I marked up a while ago but price still hasn't hit it yet. Since it seems to be falling nicely, it's still on the watchlist. We may even see more shorts before price hits demand. Time will tell.
GBPCAD - Short
Price has dropped from GC but the arrival didn't look great with a demand level just below it so no shorts so far. If price breaks the demand level then I'll be looking for shorts as there is profit potential below signified by pure green candles.
GBPJPY - Long
GJ has hit the demand I talked about last week and has already produced a bounce. With a nice looking arrival and great profit potential, this is definitely one to watch this week.
GU is also approaching demand and so far is been falling in a nice way indicating profit for the taking. If price continues to fall as it has been, then we may be on for longs. Observe price action this week to find out.
Check out the video which also details the above: