Hotsprit

Hotsprit

It can be seen that gold is in strong daily resistance zone. Look for long position.

Hotsprit

USDCAD has formed a new channel. We are close to resistance area and soon we can see a drop to support area which is around 1.2690 - 1.2710. These days, market is unexpectedly volatile due to many breaking news and new covid-19 variant. Therefore, this idea can be violated easily depending on breaking news.

Hotsprit

We can see massive sell happened after BoC interest rate announcement which was expected. Now we are looking for long move in this pair.

Hotsprit

Happy weekend everyone! ➡️Two weeks ago USDCAD reached 1.2950 which was a huge jump from 1.2500. However, we predicted that move and you can find it in the previous idea. From 1.2950 we can see a pullback with ABC pattern which I expect to end soon. ➡️This week, I expect price to find support soon around 1.2470-1.2490, then turns up and establishes a bullish...

Hotsprit

Happy weekend everyone! ➡️As shown in the picture, USDCAD is currently moving inside a strong bullish channel. ➡️During last days, the pair examined the strength of the support of this channels 2 times but couldn’t penetrate. ➡️Looks like now is the time for some bullish move which would last couple of days until 1.28. ➡️ Please do your research. This is a...

Hotsprit

Recheck of trend line and ready for +200 pipis over couple of days

Hotsprit

As predicted in the previous idea, usdcad dropped to 1.2400 which is the support of current channel. I except price to turn gradually and start the jump for 1.2800. Personal idea! Trade at your own risk!

Hotsprit

On daily, USDCAD is going to touch 1.28. However based on market psychology and in order to active stop losses there will be a false rise above 1.26 and after that price will drop toward fib support of 1.2450 and then continue its increase to 1.2800. Personal idea! Trade on your own risk!

Hotsprit

Price rejected 0.50 daily fib retracement.

Hotsprit

Strong daily support.

Hotsprit

USDCAD strong daily support