Yen has been good for the past trading day ranging US and gaining on CAD as I see on my portfolio. I spotted resistance at 116 we will see tomorow. Gn NY
I’ve been following and imho this trade is viable!
Well since the news of OPEC willing to increase the output price have reversed to a downtrend imho. To see. Past trade closed even and open a short
At the moment I sense oil is running bullish. 77 is resonating at my screen very soon. Lets see how this one plays.
Here I see a nice technical look entry if engage RR could be 5:1 ! CADJPY Broke the downtrend of various days we could see December 9th high’s or do a new ATH for the end of the year. Canadian dollar is doing great on this pandemic since dollar is guided by Oil and gold. The best play here would be to buy it against the Yen since it’s been weak sessions after...
I’ve been watching the market shifting from yesterday to today’s movements, all pair are gaining against the US dollar. One of the is USDCAD, that pair made me smell the Oil rally. IMHO this is only the start of a morning where the press talks about it. Oil will rise and US will. Be red today. If you are there and believe my theory for today give me a thumbs up...
Based on simple price action TA, we can see price trying to go up slowly caused by not enough cold weather on next weeks. 4$ is a clear resistance but I am just aiming the leg up this move. Like and share thanks !
Hey guys following my past trade short at 1.28041 with a stop loss that clearly almost got hit various time of the day. So now after various analysis and even arguing with a stranger on the chat I come to see that maybe I was seeing it wrong. This is the scenario where I see my SL being hit just because I wanted to be right. The market is showing me the contrary....
This is not a trading advice neither are my other posts. I have an entry short on the pair since yesterday, see previous post. Supposedly UC is less volatile and easier pair to swing, for what I've read on the web. Let see if my TA and the fundamentals align ? If you think I am wrong or anything constructive to say please comment ! I am willing to learn as far...
On a daily view theres an nice ABCD down leg missing towards 1.22. I think the 4:1 RR is worth the shot to start a position.
I am just trading this one on price action. Do not take this as an advice, it is for my own purpose of tracking. Good luck Trading ! Don't forget to like !
Clearly you can Up trends been broken, divergence on MACD indicator and the price tending to go to the downside on the bollinger bands.I also noticed that the price is at current highs on daily view or 4H so you know the motto ''Sell High & Buy low''.The pair also is heavily correlated to EURNZD who is showing heavy bearish sign's. I've entered a short on Kiwi...
USDCAD is showing some bearish mood right now following gold and maybe soon oil. Here is my TA, is my point of view I would love to hear what you think about it or just to know your point of view on the pair.
Hello, this setup is for my own purpose. If it brakes and confirm I will be long on the pair for a short term profit.
This is only for me and not a trading advice. Thanks for the support if you like or subscribe.
I just saw this trade online and its vary possible for a short term trader ! (Also if I am right with the fact that after the holyday's BTC will send is cash flow into the forks) It could be !! to see !!
BTG is at is best price right now, Long term holding only will see the light ! I expect the BTC sell to happen after holydays... Bitcoin cash is also a good buy right now go chek it up ! also Those coins could be a good possibility for those who missed the train with BTC !
This is a simple analysis of a 4H chart.