Helder_Castro1

Helder_Castro1

Enter long @ 1.2594 SL @ 1.2456 TP @ 1.2947 ALL DEPENDS ON OIL PRICE Because CAD is strongly dependent in the Oil Price. If the Oil price decreases, CAd Increases and USDCAD is going down. On the opposite, USDCAD is going UP.

Helder_Castro1

Perhaps the intermediate take profit level around 0.74

Helder_Castro1

Montgly chart - it is probably the right moment to enter short on AUDUSD. A very tight SL @ 0.78905 And TP @ 0.6999

Helder_Castro1

Lets see if the price will respect the PRICE STRUCTURE and the 61.8% FIB, LEVEL. This is a very importante level. Wait to see what happens near this level.

Helder_Castro1

Lets see if the pricewill respect the STRUCTURE and the 61.8% FIB, LEVEL. This is a very importante level. Wait to see what happens near this level.

Helder_Castro1

See month time frame. Price has breaked down the support line 0.8047 and the next support line is about 0.7

Helder_Castro1

Price rejected from the trend line

Helder_Castro1

Price didn't reach fib 61.8% because of trend line?

Helder_Castro1

Price is almost reaching resistance level from year 2009

Helder_Castro1

Wait for Pin Bar Down

Helder_Castro1

Waiting for full retracement at 61.8 % fib. level ?

Helder_Castro1

Pin Bar Down: It seems that we have a significant resistance level here. Oportunity to go short w/ a very tight SL

Helder_Castro1

Just expermenting this strategy.

Helder_Castro1

Prepare for Short if the Pin Bar Down is formed

Helder_Castro1

Besides the triangle structure in 1H chart never ends... what we can expect from the day chart is a new wave down. Lets se what happens...

Helder_Castro1

The second Pin Bar Down: perfect. It seems that price will go down. I'll continue w/ short.

Helder_Castro1

Here it is a perfect Pin Bar Down for short, near the resistance line.

Helder_Castro1

It is better wait for price to breakout this triangle, and then decide for long or short.