waiting for right shoulder to form , then buy setup fulfilling pattern and 90% correction rule
Short term buy set up on Usdcad, waiting for left shoulder to form then around 60 pip intraday target
very clean pair , often follows structure
Currently we can see price hovering around the current support level, however judging by previous bullish momentum earlier today through the london and new york session , we can see a correction forming on the 1hr also to indicate further move to my next level of 111.000 please give feedback folks as i have said this is just a way to journal my ideas and i am...
looking on the daily chart this shows the multi touch confirmation of the ascending channel.Now if we implement the bars pattern from the prev impulsive bearish move you can see a similar pattern occuring,where price reversed on the trendline as a pullback,which may manipulate a lot of traders, trapping them on the wrong side as they judge it as a bull...