CADCHF 4HBreakout of its daily trend line, CHF having strong momentum last & this week. Pullback done, safe to enter short !
:)
Caddollar
GBPCAD 4HPullback complete, 61.8 fibonacci level respected & price pushed away. Pin bar (Shooting star) looks to be forming as well showing sellers have pushed back into the market. Nice risk/reward setup here I will look to enter short on the 4 hour candle close!..
Trade with care !
USDCAD 4HShooting star rejection to pullback zone, still in downtrend channel. Looks as if price will go to its recent low or maybe even weekly trend line. Price still making lower lows & lower highs, Entered short after recent close of 4 hour candle..
CADJPY 4HPrice made a strong pullback retracement to fib level, entering small at 61.8 level as we see price pushing away.. Another entry @ (pink line) after break of potential channel, trend reversed and looks to be making higher highs & lows. Target at 89.00 (Strong Weekly Resistance).
Trade with care !
EURCAD 4HRejection @61.8 fib level / 200 ema.. Waiting on news for euro in a couple hours can push this trade either way. Pink lines are my entries analysis points more to the downside, a break below support would also show more bearish possibilities . Now its just a waiting game... !
GBPCAD 4HPrice pulled back to fibonacci level as expected & is showing rejection to this level, reversal candle forming waiting for 4 hour candle close
Trade with care!
GBPCAD 4HPrice in a downtrend, CAD having strong momentum as GBP is on the weaker side. Price closed at the end of the week below support zone making it resistance. Possible pullback but not to likely as the momentum to the downside is strong.
USDCAD 60 Price broke its support then came back to retest @38.2 making it resistance, I believe this pair will have more downside as price is making lower lows & lower highs. On weekly time frame a pin bar to resistance following by a bearish engulfing located, check it out!! Nice setup here
CADJPY 4HPrice broke out of its downtrend channel / support & looks to be retesting with a doji candle.. nice setup here & JPY having strong momentum! Price headed back down to its daily trend line?? : )
comment your idea of what you think.. Thanks !
USDCAD 60Price rejected multiple times on channel, pullback was made now looking to go higher.. Stop @126.60 ; Take profit 128.00
GBPCAD 60Called this one out a couple days ago after price was being rejected multiple times to break though support zone (Yellow Rectangle). Price then reversed and broke though counter downtrend line with a strong bullish move, GBP still having strong momentum in this pair would like to see a pull back (Higher Low) to retracement zone before going long. Good setup here, lets see how it plays out..
CADJPY Possible HnS long setupIf price action confirms pattern we could see a nice run with good RR.
USDCAD short only if price dont break circleWhat price action to trade this USDCAD short, watch carefully because the FOMC news for tomorrow.
Wait for a good bearish candle before short.
