Bitcoin once again giving us a reason to jump up and down. I would expect some consolidation here and possible pullback after these rallys.
My bias on the HTF EURCAD is bearish and Im looking for an opportunity to short. This bullish shark pattern may be indicating that a pullback could be setting up here.
My HTF bias regarding CADCHF is bullish based on strong Canadian dollar and weakening Swissie, however given the cypher pattern and price testing resistance, do we get a pullback here?
I'm long EURGBP 1h bullish cypher pattern and pinbar off diagonal support.
Here's my short setup this pair, looking to take 80% off the table at T1 and trail the balance.
Im looking to trade this up to resistance based on the bullish bat harmonic pattern.
Today I'm short CADCHF off this bearish cypher pattern 4H. Note also price at the top of the channel on the 1D.
Im short based on NZD strength and these bearish candles along with break of support. Layering in sells up to the 618 fib zone.
CADCHF opportunity to short this pair down to support level as shown on the chart.
Risk off sentiment is giving us an opportunity to short this pair. Entry on the pullback.
Am I being a little ambitious given the unpredictable nature of this beast? In any case here's an idea for a long - bitcoin. Not financial advice, this is a risky trade. The retail herd (all of us) having been shaken about lately are a little edgy at the moment..
We are short the EURCAD 1D with a trend continuation trade on the back of strengthening USD and CAD.
EURAUD possible short setup forming, watch for the head and shoulders to complete
I admit Im a bit of a bitcoin perma-bull these days, here's an idea. See the links in my signature below for more details on this setup.
AUDCAD short intraday trade setup
USDCAD short intraday trade setup.. head and shoulders, descending triangle along with CAD strength giving me enough to take a short here.
EURHUF short intraday trade setup