Honzino

Honzino

USDCAD Bearish Idea Daily Trend: Bearish 4hour Trend: Bearish 1hour Trend: Bearish Trade scenario 1: We are looking bearish on all higher timeframe. Looking for continuation after a lower high forms at 1.33000. Trade scenario 2: Price can break back above the resistance and continue upside. Look for long entries after higher low confirmation at 1.33000.

Honzino

I see big rejection- big wick from downside, BoS on lowertimeframe, price respect Trendline

Honzino

I see double top, engulfing and crossed Ma´s.

Honzino

I see the price is respecting trendline, rejecting support and price made morning start on 1H. Price is also at PRZ 61%

Honzino

rejection from 32% PRZ - supply zone (TP extended from demand zone to lower support)

Honzino

Trendline, PRZ 61,80%, Resistance, Engulfing, MAs crossed

Honzino

trendline, double top on resistance, PRZ 32%

Honzino

Trendline, double top on resistance, PRZ 32%

Honzino

Price is respecting the trendline where is currently bullish engulfing.

Honzino

Engulfing, Trendline

Honzino

rejection from Trendline, Resistance

Honzino

Morning star on resistance on 1H!

Honzino

Waiting for more confirmation before short

Honzino

I would like to see more candlestick confirmation before short. To make sure price won´t reject the minor support . But if the price would go a bit higher and retest the resistance and PRZ- that would be perfect for me to go short .

Honzino

Channel inside the channel. I price might drop down now to the trendline and I would wait what price will do next- it might go up to the upper trendline. But I think it will break down- I´m short long term but let´s see how DXY will behave. Hopefully well :)

Honzino

As it´s downtrend I think price will now go to test PRZ 32%, trendline and previsou LL- I´ll wait for rejection- candlestick pattern to go Short Price has to break the support and then I would like to see the same scenario to go short again.

Honzino Updated 

double top PRZ 61% trendline resistence

Honzino

Ranging market- price is at the support that is seems to rejecting