we have up trend chart.
the chart reaches to very important level 1.106
we had chance to take position when the price was around 1.105
do not forget to day have very very important news on USD
I wait for showing bullish candles or patterns
as you know CAD have Correlation with OIL.
today, we have very strong jump on oil price.
I anticipated that CAD goes up. In other hand we have up trend chart
as usual I wait for breaking the level 0.74 after that I am looking for bullish candles or patterns
EURs pairs like other days still very weak.
as you can see we have very weak bullish candles but in other side we have strong bearish candles
in my opinion if you see bullish candle or candles wait for bearish candles because this is signal for your entering point.
as I always say, in this market I am just seller
as you can see we have lower high that means this chart is down trend.
as we know TREND LINE IS THE BEST FRIEND FOR TRADERS.
if break the level 1.104, we possibly make 18 pips until reach to the next support line 1.102
the chart is clearly up trend and gets in a box stock.
I wait for break level 0.692.
with 17 pips risk we maybe make at least 50 pips profit IF BREAK THE LEVEL.
after all we have high level news on USD around next hour.
in this market I am only buyer.