Seems a legit LONG on 4H view. I'm a bit worried about Weekly topping a bit, so just in case I placed a small SL, because there is a strong possibility of going south in the next couple days. But sudden breakout happens when hidden divergence seems too obvious and I believe this is the case. Anyway this is just 70 pips of risk. GL HF
Let's try something fun for once. A simple charts, just looking at one timeframe and getting the best TDI set up we can find. Tonight, it's CADNZD with a pretty clean setup. Of course market could hand over my ass easily tomorrow and that will be great because I'll learn something. But on the contrary I can make a few pips. GL HF
CADNZD - Trade the Consolidation after breakout. Go with the direction of the break out. At the moment, price is looking to the down side for nice correction before continues with the upward moves.
CADNZD - Trade of the Consolidation Go with the direction of the break out. At the moment, price is looking to the down side for nice correction before continues with the upward moves.
CADNZD - Correction after a nice long upward run This pair is now return to the upper side towards the Resist zones, the uptrend has been strong, its time for a rest, price will bounce up and down at this area but move higher towards the target zones. Watch out for those support zones, the correction could be a large one, so wait for price to touch support zone...
CADNZD - Correction after a nice long upward run This pair is now return to the upper side towards the Resist zones, the uptrend has been strong, its time for a rest, price will bounce up and down at this area but move higher towards the target zones. Watch out for those support zones, the correction could be a large one, so wait for price to touch support zone...
This pair has dropped to the lowest level, usually at this area, price rebound back up strongly, but this time, it has taken its time. but nevertheless, I do expect a nice rebound back up coming soon, just be patient will get there.
This daily setup is looking amazing! Holding above the 50sma & read to get nice & bullish!
CADNZD .. CADNZD - Done by my trainee and well it rocked out.. Full Credit to you Micheal.. Splendid find.... i.imgur.com i.imgur.com CADNZD 4hr - i.imgur.com CADNZD - With patterns attached to it hinting at possible future playout ....
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Try to learn harmonic patterns, let´s see if it works...