- DAILY, DESCENDING CHANNEL STILL BEING RESPECTED AS THE MARKET REJECT THE DAILY RESISTANCE LEVEL of 1.31480 -H4, The CTL HAS BEEN BROKEN AND LOOK FOR A SHORT ENTRY AT THE RETEST OF THE CTL
DAILY DESCENDING CHANNEL STILL BEING RESPECTED . CTL HAD BEEN BROKEN IN H4 AND EXPECTED ONLY RETEST AT THE SELL ZONE (WEEKLY LEVEL & PREVIOUS CONSOLIDATION LEVEL) TP AT MONTHLY LEVEL
SHORT OPPORTUNITIES: LOOK FOR RETEST OF THE MAJOR DOWN TREND-LINE AS RESISTANCE IF IT DOES NOT RETEST AT THE MAJOR TREND-LINE, BUT IT BREAKS THE CTL, THEN WAIT FOR RETEST AT THE CTL AS A RESISTANCE TO GO FIND SHORT OPPORTUNITIES
LONG OPPORTUNITIES IN USDCAD RETESTED THE UP DAILY TREND-LINE AS A SUPPORT BREAK CTL MEANS STRONGER UPTREND, HENCE CAN ADD ANOTHER LOT IF RETESTED THE CTL.
SHORT OPPORTUNITIES AS THE BOTH PREVIOUS TRIANGLE TREND LINES ACT AS A RESISTANCE. WILL SEE HOW MARKET GOES AND OBSERVE THE CANDLESTICK BEHAVIOR IN THAT ZONE
PREPARE FOR SHORT OPPORTUNITIES AS IT RETEST THE DOWN TRENDLINE CTL BREAKS MEANS STRONGER DOWNTREND AND MAY ADD ANOTHER LOT IF IT RETEST THE CTL