Double Bottom in CADCHF Possible BUYDouble Bottom in CADCHF Possible BUY, if price closes above Neckline. Parabolic SAR signaling short upmove and 10 EMA close to cut 40 SMA in upward direction.
Cadlong
CADJPY Nice Chance to go LongCAD seems to be very strong against JPY, We can see a strong Daily bullish trend and in 4hr we can see the price is creating new Higher Highs. Next week we are going to see more bullish race for this pair. Let´s wait a good entry in 4hr/1hr chart to catch more pips.
Also we can see a possible Harmonic Pattern formation in the following weeks/months.
Good Luck traders!!
I am placing a short sell on the AUDCADHere after careful review, trend analysis and pattern recognition on the 1hr time frame for entry I have identified an SHORTING opportunity for the AUDCAD pair. Take a look at my analysis I would love your feedback.
CADJPY BULLISH GARTLEY PATTERNBullish Gartley pattern has formed on 1d time frame also in area to test structure.
$USDCAD | Risky Short Trade | Targets DefinedTG 1 = 90% Probability
TG 2 = 85% Probability
TG 3 = 70% Probability
AUDCAD 4h - short setupRejections at 1.003 and 1.004, which also happens to be a historical structure area and a 0.618 fibonacci together with weakening momentum. These key points build this case for me.
Aiming for first profit at 0.994 and final at 0.988
CADJPY Possible HnS long setupIf price action confirms pattern we could see a nice run with good RR.
CAD: Buy setup.Perhaps consolidation will be formed, which will be a model for continuing a long-term uptrend.
CAD: Can turn the trend upwards.An upward support level can be a support for a reversal up. A downward trend in oil could help to weaken the Canadian dollar.
AUDCAD 4h short setupStructure, trend line, and a fibo 0.618 are all fighting together for me on this one.
I will watch closely and keep trailing tight after passing 1.0 down at target two.
For a more conservative approach you could wait for this 4h candle to close (20 mins left) or the MA crossover at hourly.
NZDCAD Double top, with double topsJust touching our bearish trend line, we have two double tops coming together to make a bigger double top. Trend line and the structure that we see here also coincide with historical support and resistance area, aswell as the round even number 0.9500 which price has yet failed to violate.
Above could very well be reason enough to see a bearish rotation where I see multiple potential targets. Main targets are 0.9440 and 0.9400. Longer term target is 0.9300.
CAD: Trade between support / resistance levels.Support for long-term uptrend is broken down. But the mood for continuing the uptrend is still quite strong. In my opinion, while the most likely trade between medium-term support / resistance levels.
NZDCAD (4h) Reasons to go shortWe have 8 failed attempts to close above 0.9400
First target - retest of previous low, second target 0.9320
Simple setup, sometimes we dont need more reasons to enter than a strong resistance.
NZDCAD Short setupA few clues here adding to this case:
Price clearly respected;
0.382 fib
Trend line
Structure
And it showed it respect by showing a double top (A) followed by a 2618 (X).
To our protection we have structure zone + fib + trend line (Z), all combining.
I entered my first position after double top.
Second position after 2618
Its a bold target, but price gives clear signals of its path.
My 1 enemy here is the bullish engulfing candle on the daily. But.. IF we want to find reasons NOT to enter, we will alwasy find it. We just have to weigh the odds against eachother.
As my last post, Im not even worried about the monetary loss, its already gone in my mind (lifts the stress off ones shoulders). I'm more interested in following this!
(NZDCAD have previously given clear signals, and then doing the exact opposite, will it continue?)
AUDCAD (15min) Short setup, could gartley help batman?Recently, as you can see on my recent published charts, mr batman has proved himself incapable of assisting and been completely beaten down.
In this setup we have a bigger gartley-pattern which could add some backup to the weak (yes.) bat, together with falling trendline and structure looking back - and the double top that these two combined will form when the bat reaches completion.
I'm looking for two targets.
Target 1 at retest of structure below, and target 2 for continuing down, perhaps retesting trend line, and also 0.618 fib below.
My stop loss is not conventional for a gartley, as my stop loss goes below X.
But, if price action breaks trend line and continues up, then most of my reasons for entering this trade has been invalidated and there is no reason being in it.
AUDCAD (1h) Short opportunity4 failed attempts on breaking to the upside. We now have a broken trendline to the downside. Targetting retest of 1.00000
Stop loss above the highs
NZDCAD (1H) Short opportunity with bearish GartleyGartley completing within a price range that has previously been showing both support and resistance many times. Together with the structure we also have a bearish trend line to back up as resistance.
Target 0.382 fibo of A-D leg.
Lets see if we get filled
AUDCAD (1H) Bearish Gartley, or Bullish Bat?Time to get short!.. Or long!.. Or both.
We're currently in a previously tested channel with support/resistance both above and below. We see two pattern forming. Gartley (red) and bat (yellowish).
Orders are pending on both, lets see which gets filled!
NZDCAD - Short setupFalling trendline together with structure as resistance. SL above hiher falling trendline. Target just above previously broken support/bullish trendline
