SignalSwiss
Short

USDCAD: HARMONIC IN DEVELOPMENT

FX_IDC:USDCAD   U.S. Dollar / Canadian Dollar
2316 13 58
Strong daily resistance at 1.3530, we are not sure, but if we'll be luky, the price action will break it.

MONITOR CORRELATION:
- WTI (US OIL             )



We appreciate your interest in our analysis, if you agree (or not) with our work, and would like to continue reading our opinions, be part of it with your "I Like"... Thanks you!

SignalSwiss
http://www.nonsolotrading.com
Comment:
Comment: TODAY RISK EVENT:

======================================
12:50 (New York Time): BoC Gov Poloz Speaks
======================================
Comment: NOTE STRATEGY: If the price drops below "DAILY RESISTANCE", if you want, you can move the stop loss to breakeven.

Comment: TODAY RISK EVENTS
=================================================
10:30 USD Crude Oil Inventories 0.252M 1.177M
10:30 USD EIA Weekly Distillates Stocks 2.461M 3.051M
10:30 USD Gasoline Inventories 2.155M 0.135M
10:30 USD Crude Oil Inventories 0.252M 1.177M
=================================================

Comment:
Comment:
Comment:
stopped out...
Reply
simsekrecep IndonesiaBankTrader
I dont think so!
Reply
agree, a potential shark might form as well
Reply
Nice Chart Billy, thanks!!
Reply
BLKS SignalSwiss
thank you too.. i just mad a short now, because busying and forgot about this trade =( thank you for your idea. giving me more confident to enter it =) good luck
+1 Reply
well done! :)
Reply
Poloz is overly optimistic as he has to support the plans of his newly elected gov't. If he is overly negative the party will lose credibility too early in their term. The larger risk event in my opinion is the API crude estimates later today and the EIA tomorrow. These will move oil prices and CAD moves in relation to oil as it is over 25% of the country's economic driver.
Excellent work though and look forward to the chart playing out as predicted!
+2 Reply
excellent post Link77!! thanks!!
Reply
Link77 SignalSwiss
No problem. I follow all your ideas and think they are very well thought out and always justifiable with good technical indicators. I am always glad to see a new idea from SignalSwiss! If you don't mind, can you send a screenshot of your chart settings? I have experimented with a blue background, but cannot replicate the eye-pleasing color you are using :)
Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
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