Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.7315). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . CADCHF is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic...
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (0.7315). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . CADCHF is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic...
Almost completed bear gartley on USDCAD. Entry - 1.3265 Stop - 1.3285 T1 - 1.324 T2 - 1.322
We can open Buy in Zone because: - Trend is mostly bullish now. - Next resistanse is far from Buy Zone. - Potential profit will be in 3...5 times bigger than risk.
If you’ve been reading and following the last couple posts you would know that we are disliking the US dollar against the looney. If you haven’t thats ok, just make sure you check em out after this. It adds further confirmation to the ideas presented. If your dinner has been served and you’re ready to keep things simple then look at the weekly index for the...
Libra + bullish bat + demand zone Good opportunity for a long position. Good luck all.
short order went active at night on AUDCAD. Stop - 0.902 T1 - 0.8930 T2 - 0.8905
TOO MANY STRONG RESISTANCE AREAS AROUND 1.32600 - 1.3300 WHICH BUYERS ARE NOT GETTING PAST I CAN SEE THIS PAIR MELTING BEYONG 1.31000 AND A LONG TERM OF 1.29500 IF WE CAN PUSH THROUGH 1 ST TARGET
Price Action (Technical Analysis): Spotted a potential Inverted Head and Shoulders Pattern at Key Support Zone while in an Oversold Market in Weekly Time-Frame. We have a Bias that price needs to press up due price pressing down to Weekly low in this Triangle Trend (Weekly Time-Frame). Our last resort to continue this idea would be price rallying at the 61.8%,...
Hi there. Price is forming a continuation pattern to the upside. Watch strong price action at the current price for buy.
Hi there. Price is forming a continuation pattern to the upside. Wait for the price to complete the pattern and watch strong price action for buy.
next week on usd cad be focused on a rising parallel channel. there is high chance that we will see a bearish breakout of this channel. If daily candle breaks and closes below the support of the channel, we can short the market. Target level is 1.305
Hi there. Price is forming a continuation pattern to the upside. Watch strong price action at the current price for buy.
on 4h usdcad is approaching a resistance line of a rising channel formation of head and shoulders pattern on 1H chart confirms the potential reverse and drop to channels support. I have shorted the pair: T1 - 1.324 T2 - 1.320
sell bearish breakout of neckline on EURCAD. market is overbought and rsi shows divergence Targets - 1.48/1.47
We can open SELL/BUY positions after breakout of the TRIANGLE. Potential profit will be in 3...5 times bigger than risk.
I have marked best plases on my opinion to open BUY. It will be good risk/reward correlation near this levels.
Textbook reversal pattern on the 1H Chart. After a long downtrend we now have a pretty obvious reversal pattern right at support and monthly S3 Pivot. Target is this weeks M4 Pivot (83.000).