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Weekly forex watchlist - November 12 - 16
As I explain in the video below, I didn't have the time to review all of the charts yesterday (Sunday) so I had to do it today.
I have 12 trades on my weekly watchlist and I've already executed a few of them. - It is very important to note that I will NOT discuss these pairs in detail here as there are too many of them and I don't have the time to go over all of them in detail.
Here's a quick video I released about this a few hours ago.
Here is my forex watchlist for the week:
GBPUSD SELL
GBPUSD has no major support and is trading off a powerful bearish pinbar on the weekly chart, I believe the TP area can easily be reached this trading week.
EURJPY SELL
If you recall, I more recently released a short-term version of this pair... indicating an up move followed by a down move, and here is the final confirm for the selling.
AUDUSD SELL
AUDUSD is also looking like a decent selling opportunity this trading week with good risk/reward parameters and strong indications of selling on the weekly chartframe.
USDCHF BUY - Entering new trading range
USDCHF just entered a new trading range and looks like a great buy trade setup. You can see the blue dotted line in the middle which could be a possible resistance level. - All in all this, like most USD pairs I've seen today looks like a great buy.
GBPJPY SELL
This one looks like one of the best setups, and is the trade I exposed myself the most on. The candlestick patterns are powerful... they indicate very strong reversals this week on GBPJPY.
I am short for some time already as I explained in the video.
EURCHF TRIANGLE WAITING BIG MOVE
I am waiting on a rather large drop all the way down to the previous support level. Just click on the image and you'll find everything you need.
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