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
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Thanks and glad to help. BTW what is double Pro. :)
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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.
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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
Trying the new Trading View Tool "The Arc" on Loonie
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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
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Thanks for your chart and the compliment :)
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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.
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