That upper green rectangle could be the best possible entry (might've missed the opportunity). If it doesn't retest that zone and gives you a short entry I would take it with great confidence! If you get stopped below that upper rectangle wait for another entry upon retest, brush yourself off and try again! www.youtube.com
** I cannot...
It's hard time for me in GU pair, didn't expect for 4 back to back loses :)).
I will skip this pair for few weeks.
UCad still my favorite pair, UJ is shining with 4 wins in 2 weeks (not a single lose, R:R~3 to 4)
I have modified a bit limit order, it's in pullback phase, hopefully the order will active. Still keep the long run and find good entry for short run (R:R~1:5)
USDCAD is showing signs of continuation for more downside on the daily and 4H.
Looking to target at least a few hundred pips lower.
We're looking at a few weeks of consolidation, in line with the corrective structure on DXY for more downside.
This Should play out over the next few weeks
While Penguins are on the hunt, you can easily join them as well!
It is easy, all you need to do is to collect the hearts and watch for the eye signs.
Heart in the box - a place to take profits
Eye sign - spot to jump in, or watch
Penguin - expected direction
Have fun with it, and remember - this game is about the patience. Keep yourself...