IM NOT A SWINGER BUT ATTEMPTING THIS ONE .. SEEMS VALID ENOUGH .. GREAT RISK TO REWARD .. I LIKE THE PRICE ACTION--PRICE IS ENGULFING OFF OF THIS SMALL 4HR TL .. I SEE PRICE REACHING A WEEKLY TL RESISTANCE WITHIN THIS WEEK SOMETIME .. LETS SEE .. ALL TECHNICAL ROADMAP ..
I see a potential long setup with,
ENTRY : 1249.06
STOP : 1246.30
TARGET : 1260.00
ZONE TO ZONE PLUS WEAK DXY , SHOULD BE INTERESTING WITH FED WED BUT THIS IS JUST THE CURRENT PRICE ACTION I SEE .. BEST OF LUCK
Hey traders, so I see a huge rejection off the daily trendline after fridays big selloff with the CAD numbers and news .. I now see it possibly reaching towards 1.34 resistance .. This chart displayed is the hourly timeframe and as you can see the candle closed bullish with barely any wick above a support zone .. Great risk to reward setup.. Enjoy and take at own risk!!
