TradingView
Cousin_Fat_Fat
Mar 7, 2023 4:12 AM

USD/CAD Scouting a Long Entry Long

USD/CADOANDA

Description

OANDA:USDCAD

USD/CAD putting in a double bottom off the Red Modified Schiff ML after breaking out above the Yellow Andrews ML.

Multiple MLs pointing to a run towards the upper parallel, @ approximately 1.4650 (screenshots below)

I am not long yet, but I plan on either longing a break above the previous peak at ~1.3705 or attempting to get a better entry if price returns back to the ML for another retest.

Stay tuned, will update when/if I make a move.



Fat_Fat

Comment


Different Fork, Same Energy Point.

Comment


Mod Schiff x Mod Schiff

Comment


Every-Fork, Everywhere, All at Once.

Comment


Remove the Red Modified Schiff and the Yellow Trigger-Line points to the same level.

Comment

Long @ 1.37402
Comments
BahamasX
Thank you. Interesting approach, I have to analyze a bit myself...
More