NZDCAD - Selling Set Up - CAD Strong at this time !
Likely to test hourly support again but weekly support in the way:
Yesterday CAD broke the strong upwards trend line and made a fall. Oil is on its rally too. So i still think CAD is in bear mood in the near future. Judging from 1D MA5, FIB level and trend line, possbile SHORT opportunity might be in the 1.4530 level. The 1st target level is previous support, which is around 1.4435. and the 2nd target i suggest the 127% of the...
CADJPY in long term downtrend. I am looking to sell any pullbacks.
Price breaking key 80.00 level. Which was a strong support level a few years ago. Huge downwards trend. Target 75.005 where price may bounce at this secondary key level.
USDCAD has retreated a bit from the marathon highs but there is absolutely no reason yet to support that we may have topped and I am looking for a short term buy entry from here, If you have the proper strategy here is a good place for a buy entry.
There is coming a double top. and then he drops again. Goodluck!
Weekly Harmonic pattern completion near 1.54,,, But will USDCAD continue to rally straight into the PRZ, or will it pull back to weekly support near 1.3 before the next bullish move? The 78.6 Fib level is usually a reversal level and it can be the one that will stop USDCAD's advance towards the 88.6 Fib level. The interesting scenario here is the weekly bearish...
Most JPY crosses are currently in correction which may or may not extend a bit but I would be looking for a selling opportunity if it breaks out of the current corrective structure.
EURCAD is going up in a channel and I would be buying any dips to the bottom of the trend line which will come.
GARTLEY PATTERN PAIR: USD/CAD TIME-FRAME: 1HR TRADE: GARTLEY PATTERN Here is a Gartley Pattern on the USD/CAD. I won't be taking this trade due to the impulse leg here, but I want to give you what I got. NOTE: These are potential trade opportunities. Please re-analyse the trade before executing. Star Prosper Philip Stewart ...
Going short. Means oblivion if it breaks below the triangle. Look for price action
CAD is continuing it's strong upward rally, helped by the recent dive in oil prices. Short positions are not an option at this point. I will continue to buy into dips.
USDCAD a shorter time frame entry here, probably can grab a decent number of pips from this setup, well why not? It's still climbing while everybody is waiting for the fall...
Looks like this pair ain't stopping yet, here is a small 1 hour buy setup for a late entry or addition to the longs.
CYPHER PATTERN PAIR: NZD/CAD TIME-FRAME: 1HR TRADE: CYPHER PATTERN Waiting for the market to push up a bit more to fill us on the bearish Cypher Pattern. NOTE: These are potential trade opportunities. Please re-analyse the trade before executing. Star Prosper Philip Stewart FACEBOOK: facebook.com YOUTUBE: www.youtube.com
Looking for another impulse up after price breaks above the correction. We are getting a good consolidation and it may be ending soon.