patrick186
Long

Buy Signal Soon Within CADUSD

FX_IDC:CADUSD   CANADIAN DOLLAR / US DOLLAR
47 0 1
This is a fantastic way to play the upcoming CAD strength from oil             against the weakening USD.

We have a massive descending wedge forming a somewhat sloppy right shoulder within a bigger inverse H&S formation on the monthly/weekly timeframe.

Should see continued dollar strength into the week bringing us down to the bottom of the wedge to form what should be the the last low on this pair until late 2017 going into 2018.

We have a monthly bullish reversal at the Monthly .8280 high close from april 2015 and a quarterly bullish reversal at .8605. A close above both should send us quite a bit higher
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out