Canadian Dollar Recovery PossibleConsidering this potential 3 Drives Pattern, the Canadian dollar, which has been falling since September mightbe poised for a recovery. I've closed out all my USDCAD LONGS in profit and will be monitoring price action for the Looney against the basket of other currencies for potential LONG setups.
MCD1! trade ideas
Futures CME / 6C 03-18 / D6H2018 (CAD/USD)The best entry point to Buy
Futures CME / 6C 03-18 / D6H2018 (CAD/USD)
Chart 4 hours
Buy by Market = 0.77340
Stop Loss = 0.76885
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For those who have last worked Stop Loss,
You can go back to the position!
Buy by Market Futures on Canada (6C 03-18)
Futures CME / 6C 03-18 / D6H2018 (CAD/USD)The best entry point to Buy
Futures CME / 6C 03-18 / D6H2018 (CAD/USD)
Chart 1 hour
Buy by Market = 0.77790
Stop Loss = 0.77535
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Hello!
Dear traders, until now I could not write in the comments to the transactions or the message because I was blocked for 1 month.
Therefore, today I will write all that I have done with all transactions for the past month.
Some of my transactions were blocked by the administrators of the Trading View, so I will send a screenshot of these transactions.
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Also review my recent signals:
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Now for all the Crypto-currencies there are updated signals for the purchase, please if you are interested in my signals contact me via private message!
June Canadain Dollar Head and ShouldersJune CAD has created a H&S and is below the 20 day MA. Looking for a fall through S2 to S3 where we may get a bullish Gartley. The possibility for CAD to make a run to .77900 is possible was well, but RSI may not take it there without a flag or two.
March Canadian Dollar Three Drives BearishCAD not reacting too much to USD as it is horizontal looking for strength. CAD horizontal move into wedge pattern and the fact that we are on the top side of RSI suggests a fall. There maybe still a some top side for CAD if USD falls again. It will need to do some clearing of RSI before significant upside can be achieved.
Canadian Dollar Double Bottom, Three Drives, SharkGood news has helped the CAD bounced off a double bottom today. Next upside target R3 at .79500. Possible bearish Shark pattern developing. USD still creating massive Head and Shoulders which if it comes, will help fuel CAD to Shark completion. CAD fell from H&S last month, then went into a three drives pattern and double bottom yesterday. CAD also crossed the 20 day moving average and could now be used as support if uptrend continues.
CAD - 6c - USDCAD : week start contextBarred markets and dollar ripping to repetite all time highs, CAD long context as long as it holds 0.7830 level with history back to 2014 and freshly remounted 20 daily MA. On watch to catch end of retracement.
Canadian Dollar Futures Waekness Big Player Are Short CAD Distribution Near End LPSY initiated and the box is near to be empty get ready for breaking the ice going to 0.77 as our first target
Canadian Dollar Long Term Head and ShouldersDecember Canadian Dollar may be in a long term head and shoulders. The last two pivot structures used S1 as a support area. This may continue out until November where we might see a fall to .76275
CAD, Time For A Pause???CAD futures has approached key area, 38.2% Fib, 200EMA on the Weekly and parallel trendline resistance. Anticipating a pause in CAD strength in particular against the GBP and the USD
Appreciate any thoughts or ideas
Good luck all
Canadian dollar completing ABCD at confluence resistance $6C_FTriangle next? A close >0.8260 can see 0.85-.0850 $USDCAD
