Sam.Distraction
Long

What Loonie(USDCAD) is offering us!!

FX:USDCAD   U.S. Dollar / Canadian Dollar
924 33 21
Details are on the chart. I mentioned 5 reasons that why the 1.193ish area is a strong support in my view. The weekly candle is a nice pinbar which rejects the 1.193 area. I will look for retracement on a weekly pinbar candle. Mostly pinbar gives you 38.2% to 61.8% retrace and then buyers get in (that's just my view, I may be wrong). Need to watch the PA on LTFs for a better low risk entry. I will attach the weekly chart below in the comments to show the pinbar .

Thanks for your time, I would love to hear your opinion, feel free to comment and if you like the idea then hit the thumbs up button.
Cheers.
I always find your charts so helpful I wish you would publish more...go go double Pro
+1 Reply
Thanks and glad to help. BTW what is double Pro. :)
+1 Reply
Cityfox Sam.Distraction
Double pro means you're at the top of your game, I hope one day I was good as you...go go 3x Pro. I don't know what 3x Pro is.
+1 Reply
Thanks a lot bud, I try to learn everyday and still learning. You will become 4x Pro one day. :) BTW Is 3x Pro is some kind of leverage for the Pro? . :)
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Forgot to update the Loonie Short idea in this thread. Apologies
+2 Reply
Great call!!! Keep on pipin!!!
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Thanks mate, After 20 days it reached the target :)
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Sam you are a sharp shooter!! well done
snapshot
+1 Reply
Thanks for your chart and the compliment :)
+2 Reply
Sam.Distraction Sam.Distraction
The last two weekly candles are inside bars so we might see some strong resistance around 1.22 area, Break and close above this area will be really bullish.
+2 Reply
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