Okay it because of news on Tuesday which i would watch this carefully and i still prefer to do a short because of day chart still range within. maybe we can wait the see how the price react around green color line. possible a news spike go through and coming back down after or touch line and going down. if one of this 2 scenario get to happen then just short all...
Previous short target hit and i'm looking to short further to the red line. before heading to red line i would see if the price back testing on the orange and blue line. if got good PA react on this 2 line area i would do a short straight to the RED line area. Or you may look at stochastic + Price Action watch the line draw at stochastic. Good luck
For February im currently looking for long till 1.093 which around green line area. and will look for short around the green line back to orange line.
if you look for long now your SL can try to put below yesterday candle low for tight SL. if you got holding power just put below the orange line which the candle i circle with blue.
if you can wait then kindly wait...
Lets see if the PA could able to stand firm above the orange line. suspect retesting the line tmr and if able to stay firm watch PA and LONG it SL will be the low of the day candle. TP best if it able to hit green line area
Possible long from the Support area it seems stand firm on the orange line. YOU can enter a long position with a SL using previous day candle low. give a range of 10pips.Good luck
im bearish bias on this pair ABC point form in weekly chart which a trend line at green color line. that green color line would be last point of defend for bear. currently price below first orange line looking further down to second orange line and extreme to go red
Im Bullish bias on this pair which you may see weekly candle. anyway if you wanna enter this pair suggest you to WAIT the stochastic go deep and Turn around then you may enter this pair with the stop loss below second orange line or below red line. TP would be possible around the green line area.
You may look at the chart in day chart or weekly chart. look at the circle area i did which building up strong base there. currently price seem ready to go further up but it need to break the orange line and stand still. then it would slowly heading to green Line area(possible by this month if it able to stand above orange line nicely. if you look for entry wait...
Why i say so due to current price stand at the line which may decide where this pair will heading. current orange line will be the center line for the week or for the month. if the set-up continue to drop you may second orange line as target or go further to red line. if it going up and able to take current orange line as base the possible touch to green line is building.
This pair looking bullish bias at the moment let's take the green as the center line for this week.
Last defend on bull would be the orange line. all targeting to Red line. I don't any possible in this MONTH for this pair to go above the red line unless OIL/WTI/CRUDE got special new to bring down the CAD further. Watch the blue line to enter your possible trade....
im bias on Bearish. we may watch monday and tuesday see where it going. it need to break up either green line or the first orange line to out from side way situation. you may see the blue line then you may know what im aiming for. if you see day chart you would see bullish BUT before it continue bullish it need to have a deep retrace which possible around 111.041...
Bullish bias on this pair. According to chart we may see bullish trend build up but not Full power yet.
this week we may look at the target at 1.08092 or go extend 1.08505. watch closely with Mario speech. if you wanna find entry on this pair kindly look price action while the stochastic act as my blue line. of course there are short term trend line which green...
