EUR/CAD - bullish for 500+EUR/CAD appears to be correcting for another move higher from it's 1.41x low (which completed a 5 down). It might be making an ending diagonal here.
CAD
CAD/CHF HVF 13.5/1 Risk/Reward!!Its been a while since my last posting here on Tradingview, been quite busy, anyway, back to the chart.
We have here an amazing HVF setup on the CAD/CHF 1 hour.. Despite the economic reports out of Canada not meeting expectations we held the critical level for our L2 and if the support holds it is a must buy here for a R/R of 13.5 to 15/1 depending on how risky you want to be about it.
Happy trading
EURCAD CLOSE TO A CHANGETHERE SEEMS TO BE A LITTLE INDECISION IN THIS PAIR RIGHT NOW. SO AGAIN WE PLAY WAIT AND SEE BEFORE WE ACT :)
VERY BULLISH INTENT BUT WEAKNESS IS THERE. a TUESDAY SPECIAL I'M CALLING IT ! (SMILE)
USDCAD SHORT'NTHERE ARE MULTIPLE TRENDS WITHIN TRENDS, CHANNELS WITHIN CHANNELS. WHICH WILL YOU TRADE?
HERE IS A SMALL ONE. IF IT GIVES US THE CORRECT INDICATIONS, ONLY THEN ARE WE IN. LOOK FOR MORE THAN ONE INDICATION OF TREND DIRECTION. STACK THE ODDS IN YOUR FAVOR. THEN IF YOU FIND THE RISK REWARD ISN'T THERE. DO NOT TRADE IT!
HAPPY PIP'N
NO EXPERT, JUST LEARNING EVERY DAY :)
EURCAD SELL SET-UP SUN-MON EXECUTIONLooking at a Bearish Gartley pattern on the EURCAD. Right now I'm also counting a completion of 5 levels on the 4H chart and bearish divergence on the RSI. I'm looking to execute a short play on this pair SUN-MON.
USDCAD Between two severe breachthe pair shows a weakness downward since the indicators have lost strength to know that there is a roptura support . but if it break the pivot below that support the trend could reach lower levels . although at the point marked if you break higher this could get to play again with the moving average of 200 periods .
$GBPCAD | Bearish Wolfe Wave | Geo Off-Set RuleHello Traders,
Here is a great GEO' for GBPCAD. I recently closed out my short(related link) and am now looking to short based on this Wolfe Wave formation.
Although we surpassed 5' we did not hit 5". This calls for Geo's Off-Set Rule at point 4 to be considered as a target.
Also take notice of the ab=cd pattern completion. Notice how the pattern completed at a structural level?
To learn more about Geo's Off-Set Rule, please visit: www.tradingview.com
Best,
Chartistry
NZD CAD Short Set UpAfter confirmation by PA we can possibly see a nice short entry in the bouncing zone
Price broke trendline ...lets see if it can pullback on it
USDCAD SHORT ALREADY IN A LONG TERM DOWN TREND AND JUST MISSED THE 38.2 RETRACEMENT ALSO MADE A DOUBLE TOP
USDCAD - Ace in the Hole?1.2915 has been a tested level of support on this instrument, and due to the triple bottom that has emerged on the higher time frame, I believe it is a good opportunity to get long on this pair. 1st trade is slightly over 1:2 risk/reward, and my stop loss is chosen by means of the standard deviation from the hard range of the most recent consolidation phase . I will more than likely adjust the SL to 1.2908, after the market sentiment is more readily realized. I have set the take profit levels by using key fib levels that have congruence with USDCAD's past S&R levels.
$GBP v $CAD Eyes Lofty 1.98420 Targets | #BOE #BOC #crude #oilFriends,
$GBPCAD has been kind to us in terms of letting the Predictive/Forecasting Model remain tethered to the actual price action - See the following frames illustrating the prior successful forecast:
$GBPCAD-4Hour Chart: 6 months ago
SOURCE: "$GBP v $CAD - Wolfe Wave Completes; Model Eyes 2.08057 "
bit.ly/1OvHueq
Today, we are returning to this pair as we consider the #crude #oil correlation this is likely to submit to. As you may already know, the $CAD is highly correlated to the price of oil. As I have provided in the recent analyses with $USOil (Crude Oil pricing), an interim rally was called to reach 42.57 - Following are the frames that define the imminent hit of that target ... The dates of the chart are inscribed within the top-left corner:
SOURCE: "Anatomy Of A (limited) Retracement"
bit.ly
As of today (14 APR 2016), the 42.57 target remains pending and quite imminent, as price engaged into a consolidation pattern. Now, considering the correlate in $GBPCAD, where the positively correlated $CAD is thus expected to decline with the expected reversal in $USOil, the result would carry $GBPCAD to the levels define, namely the Fibonacci's 0.386, 0.500 and 0.618 in order of decreasing strength of probability of attainment:
The dashed arrow offers a probable pathway with pre-defined R/S levels.
Best,
David Alcindor
Predictive Analysis & Forecasting
Durango, Colorado - USA
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Twitter: @4xForecaster
Linked-In: David Alcindor
TradingView.com: 4xForecaster
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EURCAD WAIT FOR A BREAK IVE PUT A LONG POSTION TARGET AND SL AND SAME FOR A SHORT POSTIOTION GD LUCK TRADERS
#USDCAD ABC Correction In Play To Complete Wave 4!This is a monthly chart so it gives the clear vision on where to put your money and where the market is most likely headed.
We have just successfully completed waves 1,2 & 3 now looking to complete wave 4 around 122-120 before going long to the 160 level.
Trade safe, nothing is guaranteed in this market!
