CADCHF 4HPrice making a potential double bottom to a daily demand zone, now watching for a break of the descending trendline for a possible reversal back to the upside.
Caddollar
GBPCAD 4HPrice rejecting off strong key level support, now broke above the 38.2 & I will be watching for a break of the CTL for longs up to create a new higher high
GBPCAD 4HInteresting setup coming up here on this pair, 4 touches to the ascending trendline & price broke a weekly resistance level. Expecting a new high on this pair soon
USDCAD 4HPrice currently testing a supply zone, now watching for a break & retest for entry for longs up to 1.26000
AUDCAD 4H61.8 Fibonacci retracement rejection pullback is now complete. From here we can see price potentially start making its way back up since it is in an uptrend.. Interesting pair to watch this week
USDCAD 4HTriangle pattern, will be watching for a break to the upside or of the bottom to daily support.
EURCAD 2Hwatching for a break of the CTL for potential longs, a break of the channel & support to the downside I will look for shorts
USDCAD 2HPrice is in a channel, ill be watching price at resistance for a reversal pattern of breakout
GBPCAD 4HSitting on daily support & ascending channel, im leaning more towards bounce & this could be a good swing trade next week
NZDCAD 4HPrice broke its uptrend line with a bearish engulfing candle & retested, CAD news in the morning will be the catalyst to moving this pair..
USDCAD 4HPrice stuck in a range between weekly resistance 1.25000 & daily support 1.24100. Price failing to break above resistance, price now could be done with its manipulation after making its 3rd touch to its 4 hour descending trendline ready to head down now & create a potentially new lower low. Will be keeping a close eye on this pair for a reversal candle back to the upside or a continuation of price's downtrend..
AUDCAD 4HPrice now at daily resistance, rejecting with a shooting star candle. Will be watching for price to break its uptrend line & form a small flag pattern on the H1 Chart for shorts down to create a higher low
CADJPY Weekly Price formed a double top to strong resistance at the 91 area, now sitting on its weekly uptrend line. Will be watching for a break or bounce on the smaller time frames
GBPCAD 60Potential double top to daily resistance, now watching for a break of price's uptrend line for shorts down to daily support. Retail sales were weak as well so it could mean a pullback for the pound now
USDCAD 4HPrice making another touch to its descending trendline, now stuck in a tight range within daily resistance & support. Watching now for a continuation to its downtrend for a new low
CADJPY 60Price broke out of its consolidation box, now moving sideways above. Now forming a bull flag we could see a move up to daily resistance from here watching for a break of the flag
NZDCAD 4HAt a very important decision making zone right now sitting on previous resistance now strong daily support.. Price is in a uptrend making higher highs & lows, I will keep my eye closely on this for CAD news in the morning!
GBPCAD 4HPrice is in a tight range currently, we could see a potential breakout to the downside to retest its broken trendline, before continuing its uptrend.. Watch price once at the green zone
USDCAD 4HI believe price finished making its retracement (Lower high) rejecting off daily resistance 1.25850 with a daily pin bar, now waiting for a break of the CTL for shorts down to previous support & a break of that will shoot price down to the next area of daily support (Lower low).
