IvanLabrie
Long

EURCAD: Weekly uptrend update

FX:EURCAD   Euro Fx/Canadian Dollar
241 15 16
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,
Ivan.
Trade closed: target reached
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Daily chart looks interesting.
This might be an accurate wave count, or my alternate count which would imply an extended fifth wave.
As for the weekly uptrend, the signal has been working very well, I'm looking to enter long again after we start moving up from this area.
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IvanLabrie PRO IvanLabrie
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Entered a small long here.
+1 Reply
Entered a long here:

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IvanLabrie PRO 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.
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IvanLabrie PRO IvanLabrie
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Changed background color, the white one was blinding me on this monitor.
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IvanLabrie PRO IvanLabrie
Looks clearer like that, right?
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IvanLabrie PRO IvanLabrie
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Updated weekly target and my current entry.
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Well I bought here again, looks like a complete correction.
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IvanLabrie PRO IvanLabrie
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Low risk buy:

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IvanLabrie PRO IvanLabrie
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IvanLabrie PRO IvanLabrie
Personally, I'll wait for the NY close to buy. It should start retracing by then.
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IvanLabrie PRO IvanLabrie
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Waiting for a retracement to go long.
If it builds a daily trend signal it'll be great.
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This was an insane run...nothing stopping this freight train.
Should be interesting to watch.
If it reverses, then crude will as well...
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moorekapital IvanLabrie
Somebody hopes so ;)
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