Forex patterns, trends and trade ideas [Video]

Jason Sen DayTradeIdeas.co.uk

Today’s trade ideas

4 hour chart for USDCAD going back a whole year - the sideways range is obvious. (See above).

However we are in a 3 month bull trend & have broken above a 3.5 year trend line so I will attempt longs on a pull back.

AUDJPY very much stuck in a 3 week channel from 9450/40 up to 9580/9600. (See chart below).

AUDUSD mostly sideways for 2 months in a longer term bear trend so I am happier selling at resistance.

GBPJPY stuck in a range from 181.50/30 up to 183.50 for 3 weeks & a greater sideways range for 4 months – see below.

GBPCAD ranges from 1.6630/20 up to 1.6790/1.6810.

GBPUSD in a 3 month bear trend so I have sell levels on the sheet

Author

Jason Sen

DayTradeIdeas.co.uk

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