Nzdcad has caught my eye for a potential long term buy.. So should price action confirm this I will be buying in my demand zone ( 2nd confirmation zone) Previous Lows failed to be taken out and this is one of the reasons which lead me to believe that the buy might be in play..
On the Higher TF Usdcad is still very Bullish. I have identified Key POI zones whereby I look to buy. Stop loss and take profits are set as per position. ( Take your brokers spread into consideration when placing your SL and TP) I will update on how the trade plays out.
GOOD DAY FELLOW TRADERS AND FOLLOWERS I AM EXPECTING AN ABC CORRECTION BEFORE WE ENTER LONG WITH STOPS BELOW THE LOWEST POINT AS SEEN, VERY HIGH PROBABILITY TRADE. WILL UPDATE AS DAYS GO BUY PLEASE LIKE, SHARE AND SUPPORT THE IDEA.
SIMILAR TO MY PREVIOUS LONG BIAS, THIS IS BASICALLY A NAKED CHART WHICH I DID. BUY LIMITS ARE SET......... ENJOY THE RIDE
H4 chart based off higher degree wave 5, I m expecting an extended flat correction (5-3-5). I will be looking for sell opportunities at my B leg correction. trade safe and enjoy.
Expecting a Long opportunity on AUDCAD. I will Elaborate my reasons soonest
A nice short opportunity has presented itself GBPCHF