.: TLRwealth Analysis :.
#CAD #EURCAD #GBPCAD #CADJPY #CADCHF #AUDCAD #NZDCAD #USDCAD
In this analysis, #TLRwealth will find the best opportunies for CAD by "multi & inter convergences" between all the major #currencies in the #forex market.
From Y1 (yearly) timeframe to D1 (daily).
And in separated threads analysis, we will spot the best CAD...
This indicator plots the difference between the close of the current candle and the Heiken Ashi candle.
The script allows for smoothing of the result using a simple moving average .
The plot line also shows the color of the underlying Heiken Ashi candle.
It can be used in all markets.
There are a number of ways this can be used
(a) Enter and exit...
This analysis is for a small trade. I have only done this as a paper exercise. I may not trade this as it would go against one of my rules. I will be trading against the main (ascending) trend line.
The daily is forming a pin bar.
The daily has a divergent stochs trend line
On the 4hour there is a bearish engulfing attempting to form.