FX:USDCAD   U.S. Dollar/Canadian Dollar
40 0 4
1 confluence of the S/R (green) flipzone and the bottom of the yellow channel
2 top of blue channel "neckline" of HnS if you want

top blue tl and bottom yellow tl constitute a possible wedge on the right side

if/ when it breaks down,.. first target is middle blue around 1.2650, ... second is lower horizontal greel just above 1.25

if it holds upper target for me is 1.34
it has bounced off the yellow bottom quite forcefully before, so tomorrow should be an indication

short term scalp my bias is up
long term down
Comment: almost 180 pips higher since publishing we are indeed at number 2, looking for futher PA to see what will come out of the channel top touch

long term bias is still down but made some pips on this move up
Comment: on the break of the blue channel we have an engulfing H4 candle back into the channel so rather strong rejection
oil got a boost

i'm short from 1.3065, sl at BE
United States
United Kingdom
India
Deutschland
España
France
Việt Nam
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
简体
繁體
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 Support Priority Support Report Issue Ideas Published Followers Following Private Messages Chat Sign Out