We are at the technical pullback area on the 4H and the 15m is looking like it is turning bearish at this moment.
Short Trudeau Coin, Entry date 11/10 expected position exit 11/29, 15 year hit rate 93%. Let's Go. "hopefully this won't end up like my copper trade...." -KewlKat
Analysis: This is another setup that we see involving the GBP and this is pretty much the same as our GBPUSD setup. Firstly looking at price it's clear to see that we're in an upwards trend. We're forming higher highs and higher lows. We also have an upwards trendline which is being respected giving us even more confluence that we're in a strong upwards trend....
Oil price dip had weakened CAD against major currencies like EUR & USD. Good time to short CAD. CAD weakness is strong.
FX:CADCHF [/symbol If you want to use this idea, please risk only one percent of your account balance.
CADCHF broke the above trend line that market have been respecting for the last 2 years & 6 months. When a 2+ year trendline have been broken the market is trying to tell us something, if you look close enough you'll see market dropped 680 pips to break that trendline and is currently consolidating that move. When market decides to break the previous low made...
Hi, this is my new update for GBP/CAD. We finally broke the trendline yesterday and today we have backtested both the trendline and the 50 days moving average. I expect we are going to hold it.
List of Confluence: 1. Head and Shoulders 2. Trendline Breakout 3. Key Level Breakout The risk reward for this trade is 1 to 5.86.
FX:CADJPY The blue and red lines mean: I think prices can return in these areas. Green lines mean: I think the price can reach these areas. They are therefore known as transaction targets. If you want to use this deal, please risk only one percent of your account balance.
FX:GBPCAD The blue and red lines mean: I think prices can return in these areas. Green lines mean: I think the price can reach these areas. They are therefore known as transaction targets. If you want to use this deal, please risk only one percent of your account balance.
FX:GBPCAD The blue and red lines mean: I think prices can return in these areas. Green lines mean: I think the price can reach these areas. They are therefore known as transaction targets. If you want to use this deal, please risk only one percent of your account balance.
FX:GBPCAD The blue and red lines mean: I think prices can return in these areas. Green lines mean: I think the price can reach these areas. They are therefore known as transaction targets. If you want to use this deal, please risk only one percent of your account balance.
FX:AUDCAD The blue and red lines mean: I think prices can return in these areas. Green lines mean: I think the price can reach these areas. They are therefore known as transaction targets. If you want to use this deal, please risk only one percent of your account balance.
FX:AUDCAD The blue and red lines mean: I think prices can return in these areas. Green lines mean: I think the price can reach these areas. They are therefore known as transaction targets. If you want to use this deal, please risk only one percent of your account balance.
after a print of the cpi we expect markets to hold back the interest rate hiking expectations. structurally we expect it to complete the wxy pattern on the daily chart.
FX:NZDCAD The blue and red lines mean: I think prices can return in these areas. Green lines mean: I think the price can reach these areas. They are therefore known as transaction targets. If you want to use this deal, please risk only one percent of your account balance.
FX:NZDCAD The blue and red lines mean: I think prices can return in these areas. Green lines mean: I think the price can reach these areas. They are therefore known as transaction targets. If you want to use this deal, please risk only one percent of your account balance.
USDCAD validating weekly demand. Likely to see short term retrace back to daily demand before new high