anilmangal
Long

USDCAD on the breaking point

FX:USDCAD   U.S. Dollar/Canadian Dollar
11078 90 251
a year ago
The USDCAD             is at the breaking point , either to the up side for one more impulse or the down side which would mean a weekly down trend.
I will post followup on this chart as it develops.

Trade with care.
a year ago
Comment: http://www.youtube.com/channel/UCmvABDWwbqRvh0QGAf-86_Q/videos
a year ago
Comment: no break out as yet
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a year ago
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a year ago
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a year ago
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YouTube: https://www.youtube.com/channel/UCmvABDWwbqRvh0QGAf-86_Q/videos
Facebook: https://www.facebook.com/ProwaveTrader
Training : add to skype mangal457
TheCapitalLand
a year ago
Thanks You are always awesome Analyse
+1 Reply
anilmangal TOP TheCapitalLand
a year ago
Thank you.
+2 Reply
NHTG
a year ago
Good call! And as usual, the analysis is very clear.
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anilmangal TOP NHTG
a year ago
:) THANKS
+2 Reply
thanks!
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anilmangal TOP Jeffrey_Sucipto
a year ago
You are welcome
+2 Reply
KlejdiCuni
a year ago
Thank you.
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anilmangal TOP KlejdiCuni
a year ago
Thank.
+2 Reply
Adriese PRO
a year ago
Eye balls on it :)
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anilmangal TOP Adriese
a year ago
ok Adriese i am depending on you to ping me .
+2 Reply
Asif
a year ago
Thank you!
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anilmangal TOP Asif
a year ago
thanks
+2 Reply
okike
a year ago
Thanks good called!
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anilmangal TOP okike
a year ago
let's see how it goes .
+2 Reply
artoor
a year ago
Dear Anil, great respect for your skills and that you don't mind to share it with us.
+1 Reply
anilmangal TOP artoor
a year ago
Thank you .
+2 Reply
bekirdur PRO
a year ago
we can't miss this Anil :)
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anilmangal TOP bekirdur
a year ago
hope we all get it .
+2 Reply
compdude PRO
a year ago
Keeping an eye on it Anil. Thanks!
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anilmangal TOP compdude
a year ago
Ok so now I am sure we will get it .
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Cazzie
a year ago
You're so right Anil.
All the higher time frames are telling the same story.
I have this pair on my "Checklist" I feel this will be a long up trend......Nice Yep.
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anilmangal TOP Cazzie
a year ago
Nice .
+2 Reply
Arivarasan anilmangal
a year ago
target point
+1 Reply
shamshad7062
a year ago
Tahnks
+1 Reply
anexas PRO
a year ago
Thanks Anil
+1 Reply
PaperChase PRO
a year ago
Hi Anil, great chart. Where does that long-term trendline start?
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piratachile
a year ago
nice setup!, I think it go uptrend for long term
+1 Reply
BharathSto
a year ago
wonderful analysis sir you are great god bless you :)
+1 Reply
quinnstevenso
a year ago
Hello! Newbie here! :) What does the red line at 1.3251 represent? Thank you!
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quinnstevenso quinnstevenso
a year ago
is it the support zone?
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FXSpringbok PRO quinnstevenso
a year ago
It may be where the price was at the time you posted the question? You will see that it has now moved...
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Chartistry PRO
a year ago
great set up
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Jorahu
a year ago
nice Anil I really believe the fake down move will come and it will skyrocket up. From then we can short again
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Jorahu
a year ago
oil is also pretty high so nice setup
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Cazzie
a year ago
I have not entered this trade yet Anil, It still has some down movement left.
Will look at it again Monday or Tuesday.
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HannibalAlps
a year ago
Brilliant work Anil!! Thanks for sharing your hard work! May it be returned to you a thousand fold!!
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Prome PRO
a year ago
I think that the weekly TL is already broken, and was already retested! I'm short atm:
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looks interesting setup, let see what next week brings up
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ADingle
a year ago
I really like this setup! I doubt we dip below bottom line with oil forecast to drop more.. I am in this trade and I have a 1.35 target personally. Thank you for sharing
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YMMgroup ADingle
a year ago
how going your trade ?
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Looks to be breaking now.
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Kjell PRO
a year ago
Thanks a lot Anil, was joining this one with double leverage from 1,3218. Your ideas is just fantastic!
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YMMgroup Kjell
a year ago
how going your order ?
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crncy PRO
a year ago
UsdCad long , target 1.3470
thanks for ur input,
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j1O9SB PRO
a year ago
Oil reaching a top with the recent daily uptrend trendline break should make for a stronger CAD.
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much important info on which pair moves together
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YMMgroup
a year ago
Anil, we not touch 1.30, what you think ?
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YMMgroup
a year ago
dear master, what you think now we go to 1.29 or not ?
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EWChartist
a year ago
Wow just seen this trade setup and thought that I should do a quick wave-count and see where we are on the charts on "loonie". We dont see any buys here yet on this pair. The third wave is not yet over. It may also be an extended wave stopping out all buys. Ok the best way to do this would be taking sells on the lower Time-frames. The biggest trade would be selling the wave 5 at the end of wave 4 correction. Thank you traders...
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EWChartist EWChartist
a year ago
snapshot
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anilmangal TOP EWChartist
a year ago
Thanks for sharing anyway , but I don't see this down move as a motive wave.
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EWChartist anilmangal
a year ago
You are absolutely right. This move down is not a motive wave it sure is a higher degree correction of that previous impulsive move. But we need to break it down further on the lower degree and the move that we are in now is still developing to the south infact in the third wave that is why we see price moving with such velocity...
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Vostiothenjo EWChartist
11 months ago
Hi Anil bro seems like we are still heading south on this right...? Seems like the counts weren't bad either...
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EWChartist Vostiothenjo
11 months ago
Still heading south. The 5th wave will extend as predicted...
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anilmangal TOP EWChartist
11 months ago
You should take my course, only I promise to teach you for free. You see my time has value :)
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anilmangal TOP Vostiothenjo
11 months ago
That wave count is in correct , I can break it up for you but I have no time for armatures, I will just point out one BIG mistake that breaks a rule , the Wave 3 in your wave one is the SHORTEST WAVE! please stop it.
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EWChartist anilmangal
11 months ago
Can see you have started learning some real EW. Guess you didnt notice that the Sub Wave 3 and Sub Wave 5 were equal meaning the Sub wave 1 was an extended wave and according to the THEORY one of the three MOTIVE WAVES will be extended and if so then the other two would be equal. Guess you havent done your ratios right huh...? Maybe I should take your course... Huh...
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anilmangal TOP EWChartist
11 months ago
LOL, your wave (iii) in the wave 1 is the shortest wave , measure it? you are making a fool out of yourself. Knock it off.
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EWChartist anilmangal
11 months ago
You choose to be ignorant and still insist...
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EWChartist EWChartist
11 months ago
At least you are making some progress
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anilmangal TOP EWChartist
11 months ago
you know traders can measure it ? stop been a fool !
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EWChartist anilmangal
11 months ago
Ur crazy
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anilmangal TOP EWChartist
11 months ago
I hope now you know that you know NOT!
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anilmangal TOP EWChartist
11 months ago
just for you ! please after this take a break!!
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anilmangal TOP anilmangal
11 months ago
ROFL!!
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EWChartist anilmangal
11 months ago
I can now see ur ignorance. You fixing it to win right????? You would rather defend your ignorance to show that others are wrong and you are right...
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anilmangal TOP EWChartist
11 months ago
LOL you are still here, even after i counted it for you? Please go before all your subscribers see this !! you they will be running from you like .....
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anilmangal TOP anilmangal
11 months ago
should I post it on your site?
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EWChartist anilmangal
11 months ago
Wow is that what you are defending??? Subscribers??? I see I wont spoil your business probably I am already. So this is why you mess up EW to get subscribers...? I would teach anyone including you practical application of wave Theory.... At least if people are paying you let them valuable practical info...
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anilmangal TOP EWChartist
11 months ago
seriously? you know every trader who sees this will go on his chart can count the pips?
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EWChartist anilmangal
11 months ago
Your argument cant hold any water... after people take ure course they will still need to understand ratio after paying for ur course.
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EWChartist EWChartist
11 months ago
Ok I encourade everyone to take your course if thats all what you r fighting for. I too will join your course we have decided to
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anilmangal TOP EWChartist
11 months ago
:)
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EWChartist anilmangal
11 months ago
At least if we are fighting I wouldn't want guys to loose trust in you. Lolest
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anilmangal TOP EWChartist
11 months ago
We are not fighting, you are trolling and I am educating you.
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EWChartist anilmangal
11 months ago
You are educating me on stuff you dont know... ????? Lol funny dude
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EWChartist EWChartist
11 months ago
The reason why we bumped into each other is when I saw this Pro Wave trader saying buy on USD/CAD then he was a MASTER of wave theory I came in and did some corrections. If you werent the MASTER Pro wave trader wouldnt be interested
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EWChartist EWChartist
11 months ago
I then gave my reasons why it would be risky to buy "Loonie" coz according to where we are at it would be a bad trade even on the lower TF
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EWChartist EWChartist
11 months ago
That Break and consolidation stuff if you dont have the counts well you may be caught in btwn waves
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EWChartist EWChartist
11 months ago
So I can see how much you are educating me...
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Vostiothenjo EWChartist
11 months ago
Lol
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anilmangal TOP EWChartist
a year ago
lol you just saw it?
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anilmangal TOP EWChartist
a year ago
since you just saw this one, please take a look at this one too.
USDCAD which way now?
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EWChartist anilmangal
a year ago
Ok on the bigger picture here is how it is all playing out. Hope no rules have been violated if so then we stand to be corrected. This move down could be wave 4. The charts will explain better. Here we go...
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EWChartist EWChartist
a year ago
We can see sub-wave (i) of wave 3 is an extended wave and thus we have sub-wave (iii) and (v) being equal
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EWChartist EWChartist
a year ago
Wave 4 will be a complex wave and we may see lots of whipsaws coz of its complexity but the furthest it can correct is at the end of Major
wave 1
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anilmangal TOP EWChartist
a year ago
I also don't see this move up as a motive wave so as you can see i don't see it the way you do. Thank for sharing.
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EWChartist anilmangal
a year ago
Thanks and Cheers. Happy Pipping...
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anilmangal TOP EWChartist
a year ago