Hello Everyone!
Yesterday I shared my idea on Wyckoff pattern being formed in USDCAD.
This new idea is to let everyone aware that the Test has been confirmed and I expect the price to start making higher highs, starting Phase C of the Wyckoff Accumulation.
In Phase D the price should brake the resistance. I hope the high impact news from USD help the dollar move...
I bought USDCAD when I noticed the Wyckoff Accumulation Pattern.
As of right now I am just waiting for the Test before the rally to the upside begins. I will add more positions when the test is confirmed.
I hope this helps, feel free to comment your idea on USDCAD. :)
I've been monitoring CHFJPY for the last couple of weeks. I have enter this long trade until it hits the trend line. Wait to see if
it breaks the trend line or if it comes back down test the support for another trade.
