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Wolfpack

USD/CAD came to retest the newly formed resistanceUSD/CAD has developed a nice bearish momentum after breaking the 4h timeframe trendline (around 1.30000). We are also in a descending channel on daily timeframe so the overall bias on the Loonie is bearish. The price has made a huge drop all the way to the 1.2920 area where it has found support. With the move to the downside yestersterday we have also broken the support that was set in the 1.2955 area and the price has now came to retest it. This sell zone has confluence with 50.0% fib retracement from the move yesterday and also a bearish flag/wedge pattern. Happy trading everyone!
Short
by FXAN
GBP/USD Bullish momentum going for 1.30000GBP/USD has been taken over by the bulls after days and days of falling. We are now in momentum with potential to reach 1.3000 resistance. Today Sterling has been falling from the first hour and we belive it's pullback before continuing to the upside, buying off the Fibonaci retracement line 38.2% which is 1.2860 area. We have to be careful about brexit news and other data unexpecidly coming out but besides that we should be good with going long. Be patient with your entries guys and happy trading! #Wolfpack
Long
by FXAN
ERII shows great potential. Looking like a strong buyWater is the new oil. Love the way this is shaping up. I have been long in this since last year.. Fundamentals look great.. Climate change.. Good financials.. Population growth.. Need for clean water.. Only 1 to 2 percent of all our water is usable technically.. Need to recycle other sources.. This is a market that is going to explode. The china desalination plant and other great fundamentals are shaping this up to be a winner. I'm putting a personal target on this of 20 by Mid-May-June. Going to be great to look at.. I know my technical analysis may show different than others.. but i think this gets the point across. Feel free to comment! I'm calling strong buy on this one folks.
NASDAQ:ERIILong
by KB82001