This affects a lot of pairs that have been running North. Particularly USD/CAD & AUD/CAD for me. Watching for the opposite break in them.
I am watching this carefully today. If the resistance holds and we get some indecision, I am shorting to roughly 128 where a missed weekly pivots lies.
It looks like NZDCAD bottomed out recently after a summer slide. Watching a break of the trend line to capture some of the missed pivot targets above. 2 missed monthly pivots. Of course, I have attempted an early entry with stops below support.
Pivots to target below but I believe it will tap the one above before heading down.
I'm thinking this baby is headed straight south before even try to think about those pivots above.
If this pushes down Sunday Night (morning in Kiwi Land) I am going to jump in long.
Broke support pretty convincingly. Now waiting for an entry short. Maybe on a retrace
I've been in and out of this as its heading North. Nice Carry Will try to jumo back in on a retrace.
We've had a run down to Support with some targets above. Looking to get long as CAD weakens. (oil)
I posted a 240 on this just a while ago. I'm watching for an entry to the North.
I'm posting 2 charts on this. This 240 shows we've come back to a lot of support. The 60 will show how I'm going to enter.
If this breaks last week's low (1.5650), I am trading to 1.5300 ish. Nice pair to short with slightly positive carry.
I'm taking entries long on lower term charts.
I took an enter on Trender Rules for a long move than 15 min target. See previous NJDJPY chart
This literally just happened to USDCHF earlier this week. Check my chart linked below. I'll enter on a break of neckline on 5min chart.
With a big bull run last week with the confirmed rate change this pair now has the largest positive carry. I am in on the first green Heikin Ashi candle. See my previous chart for the completed bullish head and shoulders.