long term swing for the usdcad if the dxy drops
This is how I think the market will be playing out in the coming weeks.
This is the clear view of what i see when i look at the chart and that is w hat it will be happening the coming days.
This is a clear chart of the eurusd and i think it will be going up soon as it makes the double buttom.
1.. We clearly see a continuation of the parallel channel so the last move will be for the price to complete the channel and the fall again. 2. It is even posiible that the market break though the ascending channel when it falls.
1. As we clearly see the price is rejecting the resistance so that gives as the chance to short the market to the downside. 2. Trade carefully and get out of the trade if things go south and north in the trading world. 3. Follow if this idea helps or gives a clear picture of the market. Have a good week.
1. A right-angled descending broadening wedge is a bullish reversal pattern. The pattern is formed by two diverging lines, the resistance being a horizontal line and the support a bearish downward slant, so it is an inverted ascending triangle. ... The formation of this pattern has to be preceded by a bullish movement. Thats clearly what we see in this case. 2. A...
Just like published earlier this is a video version of the idea i'm having.
Here we see the same flipped pattern that played out in January so the probability is high for market to continue like this. TVC:DXY
Below is a full analysis of the XAU and also some major news regarding the XAU;
I uploaded an idea yesterday about this and this is the update of it with a better point of entry and good sl