Megaben23

Megaben23

At the time I call this USD was wicker than cad and I check there was no new coming...and also there was various wick's rejection on that level that's why I sold and I told you guys don't take too much Risk because USDcad has be misbehaving since on Friday

Megaben23

sorry i forget to post the first entry so this is the second enty

Megaben23

if you look closely you will see that the seller are back in the market one: fb zone 61.2 was rejected/2:demand zone/3:tripple top

Megaben23

what i feel is going too happen because that place has been ranging for the full day on friday

Megaben23

fb level 61 and 71 fb level respested so i am going for a buy as a following the trend

Megaben23

mainly support level add candle stick comfirmation so i am saying it will buy and also thats the lowest for now

Megaben23

if you look close you will see that the price is in a liquild because of that we have to go long also we are in a support level too

Megaben23

if you look close a broke the up trend with a bearish candle ..and also it has been moving in a up trend for a long time..so is hard time it came down a little....if you also look at the 1d you will no what i mean

Megaben23

the buy is not that strong but i am expecting a buy from that zone,if you check it rejectived on fb zone 61.8 not to strong but it still is rejecting it.

Megaben23

us30 is not a easy pair to trade so be carefull ......

Megaben23

price is in a weekly low monthly too so if i get my reason and a strong candle strick candle then i will take buy

Megaben23

it has been buying for some time now and i called the signal using a qm and also you are see a head and shoulder pattern

Megaben23

it is in are resistance level and it is also on a down trend and if you draw your fb level you will see that it is in are 50% level so i am going for a short

Megaben23

expecting a sell from here because of double top in are resistance....

Megaben23

if you look for the support level that was show ,that is where the market is right now so i am expecting a sell off

Megaben23

So we are expecting a pull back from here .then we head up

Megaben23

in the zone we i am expecting a little sell down and a pull back up for our buy

Megaben23

we are in a down move, that is why we are looking for sell in the market and the market has just broken bearish flag and retest it, seeing that our confirmation is on that bearish engulfing candle