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USDCAD, Massive DIAMON-BOTTOM Breakout- and Continuation Setups!Hello There! Welcome to my new analysis about the USDCAD Forex Exchange Price-Action Rate on Several Timeframe Perspectives. The USCAD has shown up with this massive bounce in the structure after completing a very rate but substantial Diamon-Bottoming-Formation to reach out all of the initial target-zones already. Now, a big part of the consideration is if this price-action that has setup is likely to continue with the established dynamics and in this case I have found several factors that are answering this question. When considering the dynamics here the USDCAD has not yet reached the overbought conditions this means that the price-action still has room for continuation and expand a next wave-expansion of the target-projection onto the upper areas. Furthermore, the 4-hour timeframe perspective is confirming several continuation signs especially with the price-action bouncing several times within the ascending-trend-line as well as the 65-EMA. Furthermore, the price-action is forming a next continuation-diamond-formation here which is likely to lead to a massive bullish breakout once completed. Once the breakout has shown up this will lead to initial target-zones to breakout into new highs and into the upcoming ranges. Furthermore, on the global timeframe the USDCAD price-action is also forming a gigantic bull-flag-formation with the breakout to aim above the 1.44 area once it has been completed with the necessary momentum. The next times will be extremely determining here especially as the RSI has room for further growth and the price-action is about to form a major breakout. An further decrease within the U.S. CPI as well as a strengthening within the DXY is going to accelerate the breakout and volatility dynamics here. Because of the significance of the setups forming here the pair is kept on the watchlist and the dynamics to be re-evaluated with the formational structures in combination with the underlying analytics to move on with further assumptions once they have emerged. In this manner, thank you everybody for watching the analysis, support from your side is greatly appreciated. VP
by VincePrince
9
CADJPY, Massive Ascending-Triangle, BREAKOUT Incoming!Hello There! Welcome to my analysis about CADJPY on the 6-hour timeframe perspectives. Within the recent times CADJPY is forming a important formation that is likely to convert into a major bearish breakout to emerge in the next upcoming times especially when huge bearish volumes move in here and accelerate the trend-turning-dynamics to the downside this is a highly likely scenario to be expect next. When looking at my chart CADJPY is forming there this paramount Descending-Channel-Formation in which CADJPY has several massive resistances within the structure firstly overly determined by the Descending-Resistance-Boundary within the Upper-Boundary of the channel formation. Furthermore, CADJPY is now completing the wave-count within the Ascending-Triangle-Formation which is pointing to a final breakout below the lower boundary to emerge in the near terms. With a final breakout below the lower boundary CADJPY is going to setup the final continuation-origin-setup to continue into the lower spheres of the chart and accelerate heavy bearish momentum into these directions. Once CADJPY has broken out below the 65-EMA as well as the 200-EMA marked in my chart this will be a trigger for more massive and overly bearish momentum moving in to increase the bearish continuation. Once the final targets marked in my chart have been reached it has to be determined how CADJPY continues from there on because especially when CADJPY continues with massive increased bearish momentum there is a high possibility given that CADJPY just continues into this direction and accelerates further bearish determinations. Otherwise when this is not the case and CADJPY manages to recover within this zone there is a possibility that CADJPY reverses in this zone. These determinations need to be assessed when the price-action developed here. In this manner, thank you everybody for watching the analysis, support from your side is greatly appreciated. VP
by VincePrince
10
Overcoming Anxiety & FOMOMy next trade setup on NZDCAD is only based off of me seeing clearly after experiencing FOMO and Anxiety. I pray Tradingview allows this type of conversation to happen because I truly feel like we don't talk about anxiety and Fomo enough in a spiritual manner. If this resonates with you, please share how it helps you by commenting below. Don't forget to like the video as well. Many thanks for watching this video. Thank you. My trade idea on NZDCAD: I'm awaiting for the daily candle closure. If it's bullish I'm buying back up to the -0.27 Fiboncaci Level -Shaquan
by ShaquanLopez
6