Shark!!!! buy at 1.366
screw the name as long as its there, looking for an upside break of the pinnacle....more than likely around or after the CAD interest rate decision
I believe we will see a high 127 before the interest rate next week than another big drop. C.O.T reports supports the upside move, CAD 48% short....meaning long usd/cad. My last analysis bit the big one. Just got to know how to react to adverse conditions
C.O.T reports confirm a strong short position on the CAD, I think we ll see a strong move to the upside this week or next. Apologies I was early in my last assessment, it was a probable outcome. hope I didn't cost any newbe cash. Harmonic pattern still in effect, had to move some zones around. The puzzle looks complete
C.O.T indicates a strong long biased, I think the euro has a little more to go
breaks through the last demand area, and reach supply confirmation of pattern
I think a lot of shorts maybe surprised, or I ll be really pissed off....one of two outcomes....still thing we re bullishish....price is stalling can't go below on the daily, 4hr shows significant buyers presents in the face of sellers, doesn't break today I ll close for minimal profit
still believe a long is probable, hovering between 64 and 70
rally I believe will complete the pattern and set up a big short at next the zone
Euro s a little mysterious, C.O.T shows like 85% net longs, however profits need to be taken which initiates large sell orders. Got a harmonic pattern form, if the pair blasts above the 2nd zone onto the first I'd be looking to short the pair.....50/50...we could see a stronger euro
always a little choppy this pair, this is a possible outcome
Depending on the high correlation between the USD/CHF and the Eur/USD, I think we could see the pair slide to 1.215. Institutions have a strong long position that they need to take profits on, which will cause a drop in price before they buy more at a discounted rate. Harmonic pattern stands unconfirmed. Depending on what happens at market open I may decide to...
DX will rally, I believe to around 94, with it the pair. President trump saw to devalue the dollar to stimulate foreign investments now that its reached its low, I see a move to the upside. All Majors pairs...good luck fellow traders....may the George Lucas force be with you!