As described. Entry: 78.662 S/L: 78.703 T/P: 78.576
AS described - 4h rejection off 200 EMA - Gap to fill from last week, Major key sell level @ 79.400
Bias changed after we broke support after NYSE open. Waited for entry @ 81.480 and sold.
HTF confluence, oil up, economy continuing to open worldwide. Rejection of minor support level during London session.
After big bearish moves, we have hit a nice support and rejected around 1.35 - CAD has been overly bullish IMO - oil due for a drop - technically we have a nice bullish 4h close, retracement before NYSE open, entry at previously broken resistance, now support @ 1.35280
We have hit major resistance zone, nice 4h engulfing candle printed there. We are very bullish, but slowdown retracement should happen here. No reason for CAD to be pushing bullish so hard. Fundamentaly still lots up in the air for CAD. Rate announcement today, im thinking we priced in early in the week the likely-hood of BOC saying the WONT go negative interest...
Nice retracement at NY open and gotto my entry point at just after 7am. Really bearish on HTF, we should fill gap left from beginning of march
I think we should fill the gap created back in the beginning of March. Momentum is strong down, oil is up and production cuts to continue, USD uncertainty, good time for banks to push this pair lower to load up on longs. Long term we should see more economic trouble which will end up driving oil and CAD lower in the long term.
two rejections from 78.500 area. Entry @ 615am, after we failed to break resistance @ NY open. No reason for CAD to continue its strength need some liquidity before breaking this level.
Have held buys most of the week. First entry was on Tuesday @ 107.478 - took that position TP @ 107.850 - still holding one position from 107.475 - and added another Wednesday night @ 107.755 - Want to see us hit 108.00 flat
Triple bottom on the hourly @ 107.360 zone - Got higher lows after rejecting that zone.
Broke trendline yesterday retested and rejected once, entry on second tap... Its friday so lowered my risk by 25%.. If we get a nice 1h bearish close i may add to my position.
Same trade as earlier, just better entry. Stayed with my bias. WE pulled back right before NY open @ 6am, then got a bullish 30m candle and failed to go retest the bottom of the range. Entry right after close of bullish 30m candle. Expecting NYSE open to break resistance.