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Been super busy with school and got a summer job and friends and all so trading has taken a bit of a backseat heres my usdcad daily chart
All on the chart.
Pretty self explanatory
It may not shoot up straight way but UJ is definitely headed for 118.
I believe that it is about to pop out of the range. It could pop all the way to 118.24 and then i would short as it's the first touch of a resistance.
Some interesting levels here...
All of these levels look pretty interesting and I'm not sure which positions I will take yet.
Title says it all!
Hopefully hitting that support
Not ready to make a trade yet...
So as you can see there is both a support and a resistance between the price.
If it breaks then retraces I'm gonna short.
Hey guys, haven't posted in ages because I've been forgetting and just trading alot more so I had less time to post
So as you can see the creation of a new level, and some consolidation at the level leads me to have quite a strong short bias here.
Also FA wise the NZD is quite weak, as a result of interest rate decision last week.
It is quite a big week for the ...
Resting on an untested resistance, fib level and in a wedge.
My gut is telling me to long, but if it breaks that level I will short (possibly)
This is a support, I wouldn't long right now but if it breaks this level and retraces then I'm gonna jump on the slide down.
It's still the same in terms of the position I'd take but it might actually be a wedge.
Will long if it breaks the second level.
Short if it breaks the trendline and pulls back!