EURCAD: Weekly uptrend update

FX:EURCAD   Euro / Canadian Dollar
248 15
Same setup as EURAUD , looks great really.
6 week uptrend signal, cloned past rally, and added the channel.
Not much more to say, I'm long already, and rebought this dip.
Entry #1: 1.36694
Entry #2: 1.38757
Looking to add to the position every chance I get (small positions with a wide stop will be used to ride the trend).
Good luck,
Trade closed: target reached
This was an insane run...nothing stopping this freight train.
Should be interesting to watch.
If it reverses, then crude will as well...
+1 Reply
moorekapital IvanLabrie
Somebody hopes so ;)
+1 Reply
Low risk buy:

IvanLabrie IvanLabrie
IvanLabrie IvanLabrie
Personally, I'll wait for the NY close to buy. It should start retracing by then.
IvanLabrie IvanLabrie

Waiting for a retracement to go long.
If it builds a daily trend signal it'll be great.
Well I bought here again, looks like a complete correction.
IvanLabrie IvanLabrie
Entered a long here:

IvanLabrie IvanLabrie
Looks like a corrective decline is over. We might see a rally emerge from here next week. This week's bar will close above the weekly mode it would seem. This is bullish.
4h shows bullish signals as well, and we can see what looks like a small 5 waves up move in the hourly.
+1 Reply
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