USDCAD SHORT SETUP. Wait for retracement and candlestick pattern before entry.
Price Is In A Strong Channel Approaching A Strong Support. Price Broke Back Through Our Resistance To Continue In The Channel. Fib Levels Being Respected On Daily Timeframe. Potential Double Bottom Forming. ** I will be waiting for a double bottom reversal pattern around the 1.26833 if this does not succeed I will then look to enter around 1.26657 given the...
Strong Daily Down Channel. Break of Daily Pendant. Bearish Momentum. **Wait for Price to climb back towards the 0.5 Fib level and wait for a bearish candlestick pattern to form before entering this trade**
Double Top Formed On Daily Timeframe. Bearish Trending Channel. 8 & 18 MA's Trending Bearish. Break of Daily Trendline. **Possibly a good price to enter at current market, can always look for a closer entry point on a smaller time-frame.** *Target is at the start of the broken daily trend-line.*
Break of strong daily trendline. Bullish Momentum. Break of strong daily resistance line. **Wait for a clear break of resistance line then wait for a retracement back to the resistance line followed by a bullish candlestick pattern to enter this trade**
Double Top Scaling 1D - 1HR. Down Trend. Weak Euro. BoS & .618 Fib Lvl. **Wait for pullback to @1.12767 then look to enter.**