- 30 mov. avg is moving over 50 day mov. avg. - Looks to play of trendline and either go down or go up. - Good Risk Reward ratio - Hold about a week or 2 - Strong fundamentals of CAD (Raising interest rates over long-term) & Oil prices tend to be rising after long low price.
Technicals. No change in interest rates recently. Good R/R Ratio
Great r/r ratio at key area almost at downward trend line area
Above 3 r/r ratio At key area After slight doji
Good r/r Double bottom on 4hr chart looking like a retest of the bottom trendline
Long term short good r/r USA rate hikes still possibly in play for this year Retest of trend line after break out on weekly & predicting break out of daily trend.
Good r/r. has been retested off key area may times before. short term trade
good r/r interesting area of price recent higher lows OIL uncertain prices
if break, short. watch closely. good r/r eu still in strange place since brexit USA supposedly bringing in higher interest rates this year.
At downward trendline area. Start of new week. Price is currently at a key area (When looking at weekly) Good r/r ratio. Should hold for a couple days or so. Hopefully less than 1 week.
Forecast of higher interest rates with the USD Sitting at a small key area On weekly & monthy charts price is currently sitting at a downward trendline area Good risk/reward ratio
Long term short. Close SL Expecting to hold for a few weeks Interesting R/R ratio Looking like a strong USD
- good r/r ratio - strong confluence - fib - trendline - volatility - news coming out in 2 hours
- broke trendline range on CAD/CHF pair - us oil broke trendline - good r/r ratio - been on a downward trend - OPEC deal still confirmed / decided on - will not go down forever (semi-short) term trade
waiting until price hits bottom of trend range and fib line good r/r short term swing trade (2-3 days) I guess it depends on how USOIL reacts
decisions decisions, decisions. wait till clear signal through price action. a break of trend line and key area (black line) would signal a strong buy.