hodlgiant

hodlgiant

This is just an idea, not financial advice. In the chart you will see that since USDCAD had its upward breakout there has been a large divergence forming which has been confirmed by both the RSI as well as the MACD. While the 4hr chart and above may be the most accurate in terms of divergences playing out, it is clear that here we see a confirmed divergence...

hodlgiant

Note: This is just an idea, not financial advice. We are tightening up for a BB squeeze on both the 5min and 15min charts and are just about ready to break the lower trend line of the current ascending wedge we have been hovering in. I expect at least a 50% retracement before any upward continuation. TP is set around 1.0942 with entry placed at 1.0977 for a...

hodlgiant

Note: This is not financial advice, just an idea. We have clearly been in a downtrend for some time now and have been waiting for a breakout in either direction. Price action, indicators, as well as the formation of a descending triangle all point to a downward breakout headed toward the bottom of the downward channel that has also been forming on the...

hodlgiant

Note: This is not financial advice, just an idea. The chart speaks for itself. This is a short-term trade. Finally broke its upward trend in the 15m time frame. MACD, Stoch, and RSI all indicate an over-bought market that needs to be retraced/corrected in the 1-hr time frame. Fibonacci retracement of at least 0.5 is expected with the potential of a further...

hodlgiant

Do you see what I see? Just an idea, but everything's lining up. Let me know your thoughts and opinions!