piphunters

USDCAD: So what now? here are some possibilities

FX:USDCAD   U.S. Dollar / Canadian Dollar
USD
1064 6 36
usd
USDCAD: So the game may have ended partly for the bulls, here are some possibilities which can play out.
Comment:
Comment: heading towards important trend line of the bullish structure
Comment:
Comment: long term uptrend broken, this is clearly a much deeper correction
Definitely is a long order next ..on this moment has 61.5% to go Long
Reply
look at the weekly candle, that thrust is absolute enough to break any line and make a deep retrace to 1.20 or lower ... Nothing has to be ofc
Reply
piphunters Fibtree
will be watching the developments around 1.35 when we and if get there
Reply
HumbleTraders piphunters
I would be looking at something like this:
Reply
Totally agree, a break is not likely. Uptrend should remain uptrend for now. 1.35 looks good to buy. Good luck :)
Reply
piphunters Piet.Hein
thanks mate
Reply
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