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USDCAD bull retracement Base on what I uploaded yesterday, I’m expecting USDCAD to make some bearish move of which the move as been gotten already but the problem is that the bearish move expectations is not yet completed already, this implies that, I still need USDCAD to gain some liquidity downward before the bullish run. Though, anything is possible in the market but let’s calmly wait for the final output from the market. The chart below is a pictorial expectation of USDCAD.
Long
by Bolems
GBPUSD Trend line trading. If you’re steadily following my daily publish you’ll discover that, the market is steadily obeying some key levels. Studying the chart on a 1H time frame, I can see a feasible 30pips bull run from this current state. Tho, no strategy is 100% current but with my view, the market changed structure from the bearish movement to an invisible bull run. I used the word invisible mainly because the high of the previous week as not been broken and today’s daily candle closed at indecision. I hope today’s market will share much light on the exact direction of the market. But for now, trade safely or wait till tomorrow’s London or New York session.
Long
by Bolems
USDCAD elementary trading structure Base on our expectation yesterday, we expected the USDCAD to obey an ICT trading pattern then go bullish but unfortunately, yesterday’s market decision shows that USDCAD is critically obeying an elementary trading pattern. USDCAD is critically following a trend line with a good market structure of higher highs and lows. The structure structure of the market is giving us a more highs from USDCAD this week. Then, we’ll calmly wait for the USDCAD to obey the trendline for the very last time and form a bullish engulfing before entering the trade.
Long
by Bolems
GBPUSD breakout Yesterday’s market shows that GPBUSD as been ranging throughout the day. The market was unable to break the high of a day before and like wise unable to break the low as well. The analysis as shown that GPBUSD is gathering up for a volatile breakout. The breakout in GUBUSD should be Carried out between today’s market or a day after. No concrete evidence yet to explain the main direction of the breakout but it is expected that it might still obey some psychological levels before the breakout. Expecting a bearish during the Asia session, short bull in the London session then NY session can now decide the direction of the breakout.
Long
by Bolems