Setup Ideas for the upcoming work week 06

Hello, you know trading is risky, before trading please read the risk waring.

You are responsible for any decision you do in the markets. Below reflects just my personal opinion is no advice to trade.

GBPUSD short scenarios

for upcoming week there might be interesting opportunities coming up.

First we see the Cable GBPUSD pair started a consolidation last week. The consolidation might still take some time. Maybe on Tuesday, Wednesday the market is prepared for another short entry.

Short Setups form GBP USD












USDCAD prepared for further Long Setups?

The canadian dollar was pretty weak last week. Maybe there is coming up further opportunities to go a long. But before going long the starting consolidation must need to indicate a reversal in trend direction.












AUDJPY did not make a decision yet

Another interesting pair seems to be the AUDJPY as it has not made a decision yet. The market goes in wide range with lately soft tendency of being slightly more bullish than bearish. Depending on price action coming up there can come up interesting opportunities to take some range trades.

AUDJPY Sideways












Last but not least

Posted in Technical Analysis

Leave a Reply

Your email address will not be published. Required fields are marked *