FX:USDCAD   U.S. Dollar/Canadian Dollar
3317 21 169
I don't believe i have to explain the trade setup here ?

Trade with care and remember this could be the last up impulse so use good MM and move stop to BE if it breaks the top.

Comment: CAD broke the up trend so bigger correction expected , if you are in ,keep you stop or try to get out for BE . Which ever comes first.
Comment:
snapshot


higher degree correction , still looks nice for a buy
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+2 Reply
What a staircase :)
+1 Reply
climb it :)
+5 Reply
Checkmate PRO anilmangal
Waiting for the Bungee Jump.. :)
+3 Reply
compdude PRO Checkmate
Me too
+1 Reply
Thanks. You are the best anil.
+1 Reply
another move up as the preceding one, some how?
+1 Reply
nice
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Is it still valid?
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anilmangal TOP sketchmaster
update just posted
+2 Reply
Thank you
Reply
nahidik PRO anilmangal
Thanks Anil I went long but used the .618 for my stop and then again used the .618 for my stop on the latest wave. So far so good. I didn't get taken out by the whipsaw.
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If this pair is about to make a bullish breakout, then why am I selling it?
Oh I know why, It's because the USDollar Index Hit a D EXT on the daily last Thursday/Friday.
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Hello Anil, the USD JPY broke the strong trendline during the night.
Did you order a sell against the trend ?
Reply
anilmangal TOP AlphaTrading
??
+2 Reply
AlphaTrading anilmangal
Sorry I posted this comment on the wrong file
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The trendline is going to be broken...
+1 Reply
I'm selling this pair Anil.
USDX hit an up D Ext, so some pairs related to the USDX are being affected.
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Still in, trend's up for now.
Cheers Anil.
+1 Reply
negative divergence appear now i think no more upward
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fully agree with you anil price gonna hit 1.34500 in coming days as i have also predicted start of the week buy there is a little hurdle which has to be broken and that is 1.33500 which was tested yesterday and price has returned back from that point i hope its gonna broken in next week
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