Bulkowski's Ascending Triangle in sight. This is the confirmation on oil short.
In this chart I illustrate how drastic the outperformance of oil is against cad. Whenever this happens, we have a trade opportunity at hand. See related ideas for a chart by Tim West on this same subject. We can anticipate inverse oil's performance to improve relative to USDCAD, and thus, expect either USDCAD to stall or retrace, or, USOIL to fall rapidly and...
I had shared the entry in my monthly short publication (see related ideas) but today I had more clear confirmation that oil is topping against monthly resistance, so we can go long NZDCAD with stops below 0.8591. We can exit when NZDUSD catches up with CADUSD in the percentage scale chart to the left. If interested in my trading signals, or in personal tuition,...
I have been trading the long side in this pair for a while now, entering and reentering on every chance I had. I'm in this trade, and looking to add if we get a minor retracement retesting the low volume resistance zone. If not in, you can go long now, or on retracement to the light blue zone on chart. The same applies to USDCAD, naturally, just inverse. If you...
I am reversing positions. I am going to be net long if price entry is reached.
CADUSD chart using experimental Magic72 technique. Right now the price is sitting on 0.45 support arc line. IF it doesn't hold it will resume it's downward path inside the the sub channel lines to hit 0.7354 on April 06 which is on the 0.63 support arc line and Fib 38.2 retracement line. I hope you like this kind of TA.. I invite you to check previous Magic 72...
Here we have two Harmonic Cypher patterns on display...lets see what the market gives us. Looking to sell this rally then buy it up at around 1.2975.
CAD ENTERING THE ZONE FOR A CONTINUATION FOR A RETEST OF THE HIGHS.
The instructions are in the chart and discription, i think i got your back. USDCAD analasys and tradinplan.
I think CADCHF has hit a major bottom. It may not be an easy hold on the weekly scale since it may require a quite a bit to develop, but the 4hr is showing a very good opportunity to go long with an attractive asymmetric risk/reward.