


SimonBrisebois
EssentialImpulse up, consolidation flag broke to the upside, retest, time to buy.
Here's my trade setup. DXY will pullback this week so I expect usdjpy to drop and test the 111.39 swing low.
In corrective pattern with bearish divergence on MACD and RSI
If USDCAD breaks kumo cloud on 5 minute timeframe, buy. Stop loss at around 1.34, take profit wayyy above. If trade goes 10-15 pips in profit, move stop loss to break even and keep the trade for OPEC's decision on wednesday. Over 100 pips potential on this trade.
Short setup Red = short term Purple = medium term Yellow = long term
Buy setup Red = short term Purple = medium term Yellow = long term
Short term is red arrow. Medium term is purple arrow. Long term is yellow arrow. 3 rising wedges on different timeframes. Trade your own strategy and at your own risk, this is my perspective on usdcad only.
Nice short setup here... Impulse soon?
ABC Corrective structure completed, ready for an impulse to the upside.
As expected EURCAD went up and now it is directly at the trendline. Sweet spot for selling it.
3 waves corrective pattern with double top and bearish divergence on the MACD
Waiting for pullback to 0.7650 area before shorting AUDUSD