JUST WAITING BREAK OUT AND OPEN POSITION .........
USD/CAD Daily Chart I think a retracement to the 20-EMA might offer a good level to enter into a long trade on this pair. If the price fails to retrace to this moving average and starts to resume the uptrend, we could look to smaller timeframes like the 4-hour or hourly charts to fine-tune a long entry. The aggressive decline in the oil price over the last...
THE PRICE WAS TRYING MORE TIME TO BREAK THE BIG R BUT WITHOUT SUCCES , SO THE TARGET PRICE NOW IS TO THE NEXT BIG S @ 1.32300 NEXT DAYS (3/4 DAYS)
We have a good selling signal because the Channel Up identified at 07-Nov-17:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 114.1250 within the next 3 days.
AFTER OPNING A MARKET WE WAS SEE AN UP TREND FROM ARROUND 10200.00 TO 10450.00 SO WE HAVE PROBABLY A RETURN TO NORMAL TREND AND THE SUPPORT LEVEL ARROUND 10270.00 NEXT 4 HOURS GOOD LUCK FOR ALLA TRADERS
on Frame 15 minutes we can see a good oportunity to take some good sell position for short terme (intraday)
According to the move of last week , we can see the line that we have R and S , some R was transformed to R after to be brokern generaly we have inspected a fake break-out arround Sell Zone (134080-134300) some USA news Influence but quikly return to first S (support) at 133800 Finnaly we recommande to Go short to get TP1 by the next 4 hours candles, this step...
now just see , what price make with his return te channel , we think that testing for the last time R 134000/ 134200, just seeing next hours 80% possibility to go another time to TP1 and TP2...etc