W10-28 CADHKD BULLISH IDEA Potential Bullish Entry Dow Theory In Place -
Higher High and Higher Low Expected in Place
Formation of double bottom coupled with bullish divergence (Bullish reversal pattern)
Entry, SL & TP Levels are defined.
HKDCAD trade ideas
W9.1-34 CADHKD BULLISH IDEA (HARMONICS PATTERN)Potential Bullish Entry
Dow Theory In Place - Higher High and Higher Low Expected in Place
Formation of Harmonic Bullish reversal Pattern coupled with bullish divergence at potential reversal zone (PZR)
Entry at the new HH
SL & TP Levels are defined.
CADHKD Bearish Bat Harmonic PatternCADHKD is showing a Bearish Bat Harmonic Pattern.
The pattern's D point has been confirmed and there has already been a reversal from that point.
CADHKD is now creating lower highs and lower lows, indicating a bearish trend.
Additionally, there is a divergence on RSI, further indicating potential downward movement.
$CADHKD OB 3Drive Long3 drive pattern signalling potential exhaustion with confluence of the 4h OB.
R.R 3.19
SlingShot: CADHKD: ShortWait for the retracement into the red zone and open Short.
Use partial close with 2-3 targets, set TGT #1 at 1:1 RR
Following the SlingShot strategy by Scott Greer
CAD/HKD SELL ING PATTERNHello Trader I Found this trade setup in 4hrs Time frame which is made Distribution zone and also made buildup which indicate Bearish
Trend in this Currency and please do your own analysis Before taking this Trade. If you find my analysis is helpful for you please follow and give like
BULLISH MOMENTUMTHIS IS MY BULLISH TREND CONTINUE IDEA. HOWEVER WAIT FOR COME KEY LEVEL AFTER HOW TO RESPECT TO KEY LEVEL AFTER TREND CONTINUE TO UP TREND YOU CAN ENTRY ,SO THIS IS MY OPINION ONLY
BEARISH CALL This is my bearish trend idea. However wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
Multiyear USD weaknessMore FED QE contributing to USD devaluation and increasing commodities demand could take this to 7.5 in 2022
HKDCAD reboundingB/X Wave here, a correction within a correction. We are catching some breathing space here temporarily. Fibonacci extension gives me three goals in green, and invalidation is in red as per usual. Remember, this is not financial advice - your decisions are your own.
CADHKDprice is at its daily support looking for potential reversal if price fails to break support W formation on h1 time frame
am selling cad\hkdwith confluence of rigecting daily trend line ....break and retest ..Fibonacci....
Bullish ContinuationCADHKD has spent the last month consolidating and has now broken above the 5.74200 range that has been tested as resistance several times. Looking for a pull back into this range and rejection. Short/mid term targets are marked on the chart.
Happy Trading!
-Nick
CADHKD Bearish Set-upIt can go up to chase resistance, and it can spike down then up...or cruise itself down.
Bearish interests, attention for 5, 71537....to what may happen there. And if price reverses to break above the dsl line then the set-up will be invalid.
Bullish trade done - LOOKING TO SHORT NOW!I didn't post the buy opportunity, but after rejecting resistance I will be looking to sell.
