The CAD pairs across the board have been grinding higher recently and are all extremely over extending and a SELL off is to be expected pretty soon.
In my previous idea where I was waiting for a signal on my TRFX KING above 1.40 on a chart ranging from the 8hr to the daily so I could enter a trade no signal has occured on any of these charts yet and price blew straight up through this level
The EURCAD has now entered the Monthly SUPPLY/SELL starting at current price and is slowly grinding higher, you can see buyers are running out of steam and a correction down towards the 1.37500 area is on the cards.
We may get 1 final push up towards 1.45 though I will be entering the first signal on my TRFX king indicator that happens between the 8hr and daily chart this is a great setup.
Again it's simply waiting for the entry signal then all systems go
In my previous idea where I was waiting for a signal on my TRFX KING above 1.40 on a chart ranging from the 8hr to the daily so I could enter a trade no signal has occured on any of these charts yet and price blew straight up through this level
The EURCAD has now entered the Monthly SUPPLY/SELL starting at current price and is slowly grinding higher, you can see buyers are running out of steam and a correction down towards the 1.37500 area is on the cards.
We may get 1 final push up towards 1.45 though I will be entering the first signal on my TRFX king indicator that happens between the 8hr and daily chart this is a great setup.
Again it's simply waiting for the entry signal then all systems go
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Access my Weekly Swing trade setups here - www.forexcopierpro.com/forex-signals-page-info
Join Telegram group -https://t.me/+T7V_JSiKKsliMTJl
