U.S. Dollar / Canadian Dollar
Short
Updated

USDCAD - SHORT Change Of TREND (Previous Analytics)

68
ENTRY - H4 1.27966
Break Of CHANNEL (Earlier was a Wedge)
TGT : To Next Weekly Support Zone 1.2705

TYPICAL ANALYTICS
1. Draw Weekly S/R
- Check MONTH any SIGNAL BAR
Month MARCH - Pin BAR see : snapshot
2. LOOK for Long Term TREND LINES
3. Narrow H4 / H1 Look for Channels/Wedges and
OBSERVE BREAKS Of SUCH
- MONITOR CHANGES of PATTERNS
- Wedges can change to Channels for a BREAK THRU..
4. LOOM for ENTRY - Long OR SHORT !

CHEERS
USDCAD - SHORT Change Of TREND (Previous Analytics)
Trade active
Look for a BOUNCE off WEEKLY S/R Zone around 1.2680/90 Before Entering SHORT
Again IF IT BREAKS This ZONE ..
snapshot

TGT PROFIT 1.2480 ( approx 180 to 200 PIPS )
Trade active
Will CLOSE All TRADES Revised at 1.2600 !!

CHEERS !!
Trade active
See CHART : snapshot
Note
Will MONITOR Possible Short Again..

IF TREND Down Below 1.2600 Zone
Look For Strong SIGNAL Candle @ H4/H1 before ENTRY
see ALL @ next New CHART
Trade active
USDCAD has Broken 1.2600 HOWEVER Need not CHASED the Market.
> Will Prefer see a Pull BAck to Renter..SO IF U are still UP at nite (Am in ASIA)
Then Look @ H4/H1 for a Good Signal Candle to TRIGGER

CHEERS !!
Order cancelled
Will Closed this TRADE. POSITIVE !!

Will Open new LONG TRADE or Look for LONG Opportunity !!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.