ForexDreams
Long

USDCAD IN THE MIDSTS OF A REVERSAL PATTERN?

FX:USDCAD   U.S. Dollar/Canadian Dollar
49 5 0
It could work out like this, either way price seems like it could hit the orange central balance line.

UPDATE: TP Hit for +25 Pips
I agree with the main thrust of your idea. I think that from close to where we are price will fall to below 1.1180 and then rally strongly upwards
Reply
UPDATE: TP Hit for +25 Pips
Reply
Olu ForexDreams
Well done on that trade. My trade Idea was wrong. The upmove went further than I thought
Reply
Thanks bud. Lets see what this looks like tomorrow. I have a feeling the reversal pattern will still form, but just be a bit taller then I expected.
Reply
Olu ForexDreams
I have the 1h chart open now and some retracement is setting in...
Reply
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out