Will this ever put a bottom in? Everybody is wondering. The weekly is a fairly large descending wedge. After a pretty good run north the pair is retracing. This trade looks pretty solid.
I had been watching for this trend line break to get short. If the new lower high holds, the target of 1.5900 looks really good.
Fair amount of confluence here of the Fibs with resistance & support. Good risk to reward.
I think this is a very nice on the oversold missed earnings. Built in 12% if you just hold..
The open today may give a little indication of which entry might work better.
This has been slowing developing into a possibly long term ride down..
Another CAD pair looking to rally. Watching 240
This "looks" pretty good. Watching 240 for breakout entry
This is what I am considering, entry on break above Friday high with the stop just below last week's low. See my daily chart for context.
The Canadian pairs are looking really bullish so I am wondering if oil is ready to do something?
This pair has broken out of descending channel on daily and recently broke out of flat top triangle. These together indicate a pretty bullish tone. I want to get in somewhere close to .9000. 1st target would .9150
I just took this trade with of yesterday's high. Targeting a AB=CD. I posted a chartt on this Sunday.
Very nice. I hadn't seen one this clear in a while...
I have traded this long a couple times this month. Current one is the breakout. I have a weekly chart posted that shows a huge bullish potential on this pair. It has been consolidating for 5 years
I took this long last week and had a winning trade. Now I am unsure if it will continue. I may not take the break out but I will take an entry on retrace.