FX-ENG254

FX-ENG254

new lows, third touch on psychological long term trendline.

FX-ENG254

the pair is in a bullish channel targeting 1.2660 in the short term

FX-ENG254

Bearish Channel in play, waiting for a break and retest of the channel to go long also a high timeframe double bottom is in play price may hit back at psychological price of 1.2430 before going long

FX-ENG254

78.6% fib retracement falling wedge with a tripple bottom

FX-ENG254

61.8% retracement 1.3240 pinbar on 4hr n 1hr falling wedge retest of previous inverse head and shoulders (1.3250)

FX-ENG254

ascending triangle in play, next target is 1.3460(50) region

FX-ENG254

usdcad is bullish on the daily timeframe, 1.3400(15) is a strong resistance zone and price has formed a double top on 1hr and lower timeframes. looking forward for the retracement before going long. the price may retrace back to 1.3300 or 1.3250 which is the previous resistance also the neck line for the inverse head and shoulders.

FX-ENG254

broken channel and wedge, failure to break resistance at 1.3200(90)

FX-ENG254

bullish channel in play

FX-ENG254

price is at an interesting price level, 1.3000, at bearish channel support

FX-ENG254

1.3270 support broken and turned resistance

FX-ENG254

this pair is playing in a bearish channel possible respect of channel resistance

FX-ENG254

wedge breakout and retest

FX-ENG254

the counter trend line is acting like a support for the trend, 61.8% retracement on the H1 or H4

FX-ENG254

this pair is overall bullish on all timeframes, looking for a retracement to the 78.6% or 61.8% fib levels to go long

FX-ENG254

bearish channel in play looking for price to rise to the channel resistance and maybe see a breakout and retest to go long

FX-ENG254

wedge break out

FX-ENG254

bearish channel breakout