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moorekapital
May 10, 2016 3:56 AM

USDCAD: A BEAR FLAG TO REVERSE THE INITITAL RALLY??? 

FX:USDCAD240
U.S. Dollar/Canadian DollarFXCM

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In as much as I feel bullish bout USDCAD, I would love to have this bear flag mark the 'BOL' which wuold pause the initial rally, pending further up moves to come.

Lets see what happens

1.3000

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Awesome!
s3.amazonaws.com/tradingview/snapshots/h/HL82hMx3.png

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Minimum Target met ;)

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Just as expected!

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But I have a concern for this upmove, going fwd. = I feel bullish on CRUDE OIL_wkly. 50's still acting as magnet to price. Last week closed bullish. It closed higher past closes of previous two weeks. Also, we had a new high since the Feb low of 26.03

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Forgot to update s3.amazonaws.com/tradingview/snapshots/s/sq0pDQlA.png

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s3.amazonaws.com/tradingview/snapshots/f/Fhk7RWyY.png

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s3.amazonaws.com/tradingview/snapshots/q/qCrzDqTA.png

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Breakout of TR, and a nice follow through buy signal s3.amazonaws.com/tradingview/snapshots/t/tEtWBbNS.png

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Quoting the exact notes under this idea publication

"In as much as I feel bullish bout USDCAD0.10% , I would love to have this bear flag mark the 'BOL' which wuold pause the initial rally, pending further up moves to come.

Lets see what happens"

Now, if this works out well, then this TR has all become a big bull flag. ^_^
s3.amazonaws.com/tradingview/snapshots/y/ykzqfgUK.png

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A possible final flag= a leg up to testing upper channel line, prior to a probable deeper pullback down s3.amazonaws.com/tradingview/snapshots/d/dzkkwMnZ.png

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One more push up expected prior to some anticipated waterfall s3.amazonaws.com/tradingview/snapshots/u/uPcFr8za.png

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Wedge and PB s3.amazonaws.com/tradingview/snapshots/k/K4hCykTI.png

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s3.amazonaws.com/tradingview/snapshots/2/2e7ZN0bX.png

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A fresh page is opened !
Comments
TF.
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i am lond but dxy is going down
moorekapital
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DOLLAR INDEX cud do one more push up.
moorekapital
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moorekapital
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moorekapital
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s3.amazonaws.com/tradingview/snapshots/6/6BY7hh4J.png
moorekapital
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moorekapital
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A possible LH MTR=Good for Gold
ZenTrader17
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again...just luv your charts man they are so clean and simple. master piece analysis . ;-))
moorekapital
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Thanks a lot
ChatchaiVong
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ok, please update again if can open buy or sell , thank so much
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