SignalSwiss

$USDCAD: FIRST BEARISH TARGET COMPLETE!

FX_IDC:USDCAD   US DOLLAR / CANADIAN DOLLAR
823 12 48
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SignalSuisse
Trading Room: http://www.nonsolotrading.com
Hi SignalSuisse! I've asked you somewhere in the coments under your charts what do that red cricled bars mean in your analysis but didn't see an answer. Repeating :) Sorry if it is too nobish but I'm still learning TA and would like to clear this out for myself. Thanks in advance for your reply!
+1 Reply
SignalSwiss TOP oleg.golubovich
It was a strong resistance area and could be considered a possible bullish trap. In fact we are short! :)
+5 Reply
a candle close below our TP1 is a important signal for us... H4 (monitor!)
+4 Reply
oleg.golubovich SignalSwiss
if it closes significantly below that - for sure goes at least to TP2?
+1 Reply
SignalSwiss TOP oleg.golubovich
very likely, in trading there is nothing "secure" :)
+5 Reply
oleg.golubovich SignalSwiss
Yup I know everything is possible here so understand that statements equal to noticeably less than 100% possibility :) Thanks for clearing it out! I highly appreciate your job.
+2 Reply
Hi SS, thanks for your analysis, one question pls, can you identify what harmonic pattern you suggesting, many thanks.
+1 Reply
rv rv
it may help for advancing knowledge of the patterns. thanks
Reply
Sorry, we study and apply Fibonacci cluster, the harmonics are only derivatives ....
+3 Reply
boyg3235 SignalSwiss
i will sell market now and my target is 1.2239 ?
it is good ?
Reply
rv SignalSwiss
thanks for the reply. Can you identify the Fibonacci cluster, then please. thank you.
Reply
nice trade! fantastic....
+2 Reply
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