Hey guys!
This is my forecast for USDCAD. My forecast is concentrating on the third touch on the channel. This gives me a bigger edge for the short position.
I always look for the multitouch identification and little bit of correction to the third makes it also more probable for short. My profit target
is to the lows of the structure so I'm happy to take the...
This is my brief analysis of EURUSD.
The ideal pattern I'm looking for is the ascending channel. So I'm waiting for the third touch at the top.
It may get all the way up to the trendline or a bit shorter and make a "mini" double-top. This is what I
think it is the most Probable.
This is my brief analysis of USDCAD.
If you are a swing/day trader:
1) You need to watch the bigger picture first and then come to lower timeframes.
2) Always think in probabilities and ask yourself what is Probable and Possible .
