I expect Cadchf go go north again.
On monthly there is a large bullish engulfing, and I expect price to restest structure as we can see here on the 4h chart.
I have a pending @
TP @ 0.77644 (244 pips )
Sl @ 0.74590 ( 58 & 13 pips )
Trending down, still waiting for the retest of structure, was rejected once, but price cam back strong,
I have 2 pendings with 2 tp's
Pending sell limit
TP 1 @ 141.5
TP 2 @ 139.5
SL @ 146.169
GCAD is channeling bullish, it hits the resistance at 1.73225, which is a quite strong resistance, I expect price to retrace towards 1.70500 area ( half quarter ) before going Long again making a new HH, and breaking resistance and turning it into support.
Slippery gold, looks like a inverted H&S on daily to me, im doubting if it already completed the inverted H&S , but after reviewing a couple of times im sticking to this plan.
I expect price to retrace to the 50 area, completing the right shoulder and then heading towards the 63 area which is also the 50-61.8 fib level.
its still to early to say, but if it goed...
On my chart UCAD is in a bullish trend channel, and is currently at a area where the correction might end.
It confluences with 61.8 fib are and a previous broken LH.
It might not hit the bottom trend line but there is a slight possibility it will.
For now I see price making a double bottom at 1.31869.
If price rejects in that area and goes bullish again it...
The shutdown is finally over, after 35 days it is the longest one In the history of the USA.
Economic unrest pushes DXY down, as per my previous markup I still expect DXY to aim for 94
on daily it bounces of 61.8 fib and in my opinion is targeting -31% @ 94.18
With a weak DXY I expect to
Looks like the Head and shoulder formed really well., however the breakout of the neckline still needs to be confirmed.
It looks like Price is making a M as a additional confirmation to drop. we will only know when price is around 0.89000
and we need to wait to see what price action does.
If PA breaks the blue line, we are looking for a short of approx 170 pips...
So, looking at GJ we can see on daily and 4h that price has come to a previous consolidation area, it is also almost at a round number 145.00
On weekly / daily fib we see the 70-77 area to be touched, and on a larger time frame price is channeling in a bearish trend.
I don't expect price to touch the trend line, it could because there is little resistance...