GBP/USD Analysis

Various support seen on weekly timeframe Price has moved quite far from the moving averages on the daily timeframe so needs a pullback to this area Looking for a 38.2% retrace on todays daily candle for entry STOP: 15117 ENTRY: 15217 LIMIT: 15417 RISK/REWARD: 2/1 Countertrend pinbar candle on the daily timeframe

EUR/CAD Analysis

Big breakdown today as per the previous analysis. It didnt retrace enough for my trade to trigger such was the force down. I dont look at Elliott wave in much detail these days but you can see something that relates if you look at the higher timeframes If you look at the monthly chart, you can see a clear 5 waves down, an A wave up and this is likely to be the B wave down

EUR/CAD Analysis

This trade is setup where the trend looks to have turned down Two bearish pinbar candles have formed on the daily timeframe Rejection of the 13492 area, previous swing area 61.8% retrace of 1st Feb high Only concern is 21ema held Order to go short on 38.2 retrace of previous days candle STOP: 13575 ENTRY: 13496 LIMIT: 13259 RISK/REWARD: 3/1