I FEEL THAT USD CAD BEFORE CONTINUING TO RISE SHOULD TAKE ALL THE LIQUIDITY OF THE EQUALS LOWS. REVERSAL POINT WOULD BE THE LAST LIQUIDITY CANDLE THAT WAS DOWN (ORANGE LINE)
THAT IS WHAT I SEE. THE MARKET IS REPEATING. IS IT IN A RANGE? TIME WOULD TELL IT.
strong uptrend, but it is possible to be fulfilled! manage risk well! luck
pullback to 38.2 daily, 4H rejecting area of 38.2. 1H bearish engulfing candle, Break support in 30 min and 1H and retesting.
Ascending Triangle Pattern in 1h Chart , broke and retest the 50 % .
looks clean to retest the previous level and go long after rejection.
EURCHF( 17-07-20) 1. Estructura Principal alcista 2. Rompimiento de falling wedge 3. Observar como se comporta el pullback en la zona de oro y fuerte resitencia 4. Por el momento es bearish , hasta llegar al pullback 5. ENTRY – TF de 1 H o 4H 6. BUY LIMIT ZONA DE PULLBACK : • 1.07097 • 1.07003 • 1.06754