What Loonie(USDCAD) is offering us!!

FX:USDCAD   U.S. Dollar / Canadian Dollar
926 33
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.
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.
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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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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
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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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