Hi guys,
USD/CAD is the pair that is on my watching list for this week and is very interesting. The level that I am watching is 1.1917 which can a trend line from 07/2013. Also lets keep in mind that the H&S has already hit target and looks like we are in 5 waves up in this pair. Time for correction or reversal? I don't know, but thing is for sure, if he gets...
I believe we are up for a sell on cable since price is reaching a current range top. Clear bearish order block around the 1.6160 level. also a clear resistance level form weekly and daily charts. GBPUSD has a bearish outlook since market structure is in line with the 9 & 18 Emas on the daily time frame. Big boys are still short in this pair.
HEY WE'RE GOING TO 1.40 LIKE IT OR NOT.
April 14
Sorry about my cluttered charts.
Here is a simple chart for more simple traders.
Really I am a simple trader. Why make it complicated?
I knew what that line was for.
I just use Higher Highs Lower Lows
& trend lines that reveal support and resistance zone.
May 15 breaks low through support trend lines
