forker

USDCAD - Equilibrium reached. Now what?

FX:USDCAD   U.S. Dollar/Canadian Dollar
Price reached the center of the Pendulum Swing and seems to turn on a dime.

Confluence is in place with the A/R set (grey).
But if i'm picky, i would say that the CL             (Center Line) of the Mini-Fork (blue) is not reached yet.
Until the L-MLH of the Mini-Fork is broken, and the market created a stopp, i just observe the CAD.

P!
IvanLabrie PRO
a year ago
snapshot


Big move next.
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forker PRO IvanLabrie
a year ago
You short at the PB to the square? Or do you wait for another PB?
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IvanLabrie PRO forker
a year ago
This is just an indication of time and price. Price was exceeded, so it's not important now, time has been met. We are in the last quarter of this trend signal.
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Timing is key
a year ago
"But if i'm picky, i would say that the CL (Center Line) of the Mini-Fork (blue) is not reached yet." Your left handle not at extreme?.....maybe your using highest close? If you shift left handle (B) 2 bars to the right we have 3 monthly touches of ML........Still very significant....if bottom MLH breaks a PB entry would be nice:) Nice chart MrForker and Ivan Labrie showing the inverse confluence with Time
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Timing is key Timing is key
a year ago
My original USDCAD chart still in play and respecting upper parallel/reaction line and SQRoot cluster....will run the numbers again:) take care
FINDING TIME & PRICE & PATTERN SYMMETRY ON THE USDCAD!
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IvanLabrie PRO Timing is key
a year ago
Excellent, the the oil rally thesis is favored.
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Timing is key IvanLabrie
a year ago
Yes Ivan.....for the traders who need a nice ( and funny ) article on the correlation between Oil and USDCAD have a /school/undergraduate/sophomore-year/intermarket-correlations/black-crack.html#
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Timing is key Timing is key
a year ago
http://www.babypips.com/school/undergraduate/sophomore-year/intermarket-correlations/black-crack.html
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