FX:USDCAD   U.S. Dollar / Canadian Dollar
Very detailed S/R X Fib analysis.

We see uptrends of the Pair in every time horizon.
Now the Pair has reached ist MoB-Level @ 1,28, the strong resistance which was tested 2 times without any success.
All good things come in threes!
Because the ultrashorttrend is outbidded, i exspect a tiny dip to the trends lower edge, before the BIG LONG MOVE will appear.
The starting Signal for the Long run are Prices above ist resist @ 1,28.
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+2 Reply
XavierAlexander marihuana-aktien
Love your opinion thank you for the post, however I must agree to disagree however valid your reasons maybe I believe a full trend reversal is overdue. We shall let the charts speak :) However I shall take into consideration your analysis as its great to evaluate all possibilities ! thanks again!
+1 Reply
justatrader XavierAlexander
Agree.. although I find sub-parity to be a far fetched from current levels. I've got my eyes set on 1.24. Although I am cautious on a possible flush of shorts on a test back to 1.28. But let's see how things go from here on.
+1 Reply
XavierAlexander justatrader
Very good overview @justatrader - 1.24 is a great target. Regardless of a direction I believe price will show respect to the majority of fibs levels, espeically the ones that have direct confluence or a S/R level, we shall see how it rides out :)
Someone has been doing their homework! I'm glad you're starting to see the light with your fib work =). Well done.
+2 Reply
XavierAlexander MisterFXGuy
Trying :) thank you for the wisdom
+1 Reply
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