Tradinggrouptw
Long

ORDER FLOW - SETUP // 80+ PIPS #USDCAD

FX:USDCAD   U.S. Dollar / Canadian Dollar
567 3 10
Hi all,

Potential trade setting up on USD/CAD             .
- Currently awaiting pullback.

Notes/Caution: ECB.

See chart for description.

http://www.tradingwhales.com
Update: CAD News kicked in a bit earlier in regards to the pullback than expected, still a really nice trade ! ;)
Reply
pascalde-aguiar Tradinggrouptw
Yes ! I know but I see it as an even better oppotunity. It was overbought before what the BOC said and now it's super overbought on weekly. Obviously it's still bullish but it needs to gather more steam at a stronger structure level and trend line. Well.. you chart says it very well :)
Reply
Agreed ! I can even picture a pullback lower.. at 1.181 a very important level. Beside (and even if the fundamentals are very important) the weekly chart shows that USDCAD is terribly overbought.
Reply
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out