nmike
Short

USDCAD weekly Range Cloning analysis.....cautiously bearish

FX:USDCAD   U.S. Dollar/Canadian Dollar
1524 25 30
After a strong run up from hitting S3 trend line support UC             went into a consolidation phase, a big red candle broke the range and price is now between S 1 and mid point of Clone (C). Price is currently holding at a minor support, a break below could see price fall to S1 support or bottom of Clone (C), a break above mid point of current Clone could see price hit top of Clone (C) near term.
Amazing that some of the Clone boundaries align with key pivots .
^_^
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...the minor support level held and top of Clone"C" target was hit....likely to hit mid reference range near term
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WOW , Great analysis , as usual , I love that if you share some technique to draw this
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Hello!...you can find basic Cloning information in commentaries here:
TSLA CLONING targets (daily)

..any questions you can Private Message
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...bullish week above reference range, next near term target 50% of Clone A
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HI MIKE! http://gyazo.com/aac15e23aa78870b95beb67c376abefd might be a very good target near those net buy stops orders (1.316)
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nmike MOD Nickmail
Hello!...thanks for posting :)
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...mid Clone A hit!
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one more Clone Beauty .nice Mike keep it coming.
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U.S. commodities ETF versus UC....the ETF also includes some soft commodities
snapshot
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hi nmike would you please post your trade setup now
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nmike MOD manijeh.kazemi.33
on weekly still early to say, current price action suggests a correction down to top of reference range or down to last week's low
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thank you very much I think the decline to 1.29500
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negative divergence in progress but no significant candle reversal pattern & price still above 5 ema
snapshot
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thats very kind of you I think so nmike
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....bullish price action for the week & a close above Clone A mid point, next target top of Clone A
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....top of Clone A hit!
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good
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...well folks, might have to add another Clone on top soon...
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...top Clone Hit!...add another Clone on top
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FXKOPPA nmike
sure , when you will update this?
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snapshot
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quarterly candle completes this montn
snapshot
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FXKOPPA nmike
Thanks a lot , Happy new year & merry Christmas
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....same to you and to all....
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