FX:USDCAD   U.S. Dollar/Canadian Dollar
1456 19 41
The pair is in correction and we at the decision taking level now near the up trend line, buying any breakouts of the lower degree correction top trend line to target 1.46 area once again makes sense. If we are to not get that topside break and instead break the longer term trend line to the downside it signal a much deeper correction and more downside in the coming weeks.

Note: divergence observed in 1hr and 4hr
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RamaDeda
9 months ago
Same view..more or less! Great
Usd/Cad Long Daily
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piphunters RamaDeda
9 months ago
good luck!
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GoodLuckbabe
9 months ago
BUYING AROUND 1.36500 ON PRICE ACTION IS GOOD IDEA
very nice setup brother i am also waiting break up with impulse we are chasing this setup since very long time i hope we will get this very soon here is my look
+1 Reply
piphunters GoodLuckbabe
9 months ago
nice, finally we are there and good luck
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GoodLuckbabe piphunters
9 months ago
good luck
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piphunters GoodLuckbabe
9 months ago
thanks!
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Miz
9 months ago
this 4hr looks to be breaking the trendline?
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piphunters Miz
9 months ago
yap
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Miz piphunters
9 months ago
do you buy once the next 4hr candle opens and it is confirmed that the 4hr broke? or wait for consolidation?
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piphunters Miz
9 months ago
there are several ways you can approach like as you mentioned above, depending on my risk appetite I decide, use a strategy you have confidence in.
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Miz piphunters
9 months ago
thanks bro, entry is the only thing I have yet to get good at haha
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JaimePantoja
9 months ago
Great analysis simple but very powerful, I have a similar thoughts
USDCAD Trading View
+1 Reply
piphunters JaimePantoja
9 months ago
thanks and good luck
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marcus123
9 months ago
could have a bit more downside;
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piphunters marcus123
9 months ago
to the trend line perhaps yes
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moneymaking
9 months ago
Looks good mate, with no cut in oil production any time soon, long is pretty safe. It should be range bound for quiet sometime, until oil starts to move below $26 level. All the BEST :)
+1 Reply
piphunters moneymaking
9 months ago
thanks mate
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Al.Massari PRO
9 months ago
Totally agree
+1 Reply
piphunters Al.Massari
9 months ago
thanks!
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