Jaegher

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Markets Allocation
100 % forex
Top Mentioned Symbols
USDCAD 50% | 1 NZDCAD 50% | 1
Jaegher Jaegher NZDCAD, 60, Long ,
NZDCAD: NZDCAD Buy Setup
27 0 2
NZDCAD, 60 Long
NZDCAD Buy Setup

FX:NZDCAD looks like it's about to retest the highs brought about by the last major impulse (wave 3). It broke the trendline at the 60mins and if it stays above, we could probably see a new motive wave.

Jaegher Jaegher USDCAD, D, Long ,
USDCAD: USD/CAD LONG Set-up
18 0 3
USDCAD, D Long
USD/CAD LONG Set-up

The daily chart of USD/CAD shows a clear respect of the trendline. If the last down wave is to be counted as wave 4, we could be seeing the start of wave 5 right now. An oversold level in the stochastics would make us expect a downward price action in the next couple of days. SL would be just below the trendline.

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