UnknownUnicorn33119711

UnknownUnicorn33119711

Yesterday I posted that is selling opportunity this pair. Today it's seems like keep losing upward momentum as MACD indicate bearish divergence formed on H4. I always looking divergence for entry on higher timeframe due to lower noise. So I considered placing sell stop at price 67¢ with stop loss at 67.5¢ (50 pips risk) and target at price 64¢ (300 pips), RRR...

UnknownUnicorn33119711

Technical Analysis: Still in bearish trend, the broken swing low at price 66¢ make this pair more clear it's direction continue to downward. Price 68¢ seems like is the strongest resistance at least for several month in early of this year and price 66¢ seems like the strongest support but based on my own experience trade this pair for 4 years (also can consider to...

UnknownUnicorn33119711

USDCAD probably to forming "cup & handle" bullish pattern on H1. But it might minor pullback as the trend on H4 is considered downtrend as the support had been broken. It reacted bouncing from D1 key level support. On D1 chart, this pair is still in uptrend, this current wave might be a pullback before it continue the main trend. What do you guys think this pair...

UnknownUnicorn33119711

USDCAD probably to forming "cup & handle" bullish pattern on H1. But it might minor pullback as the trend on H4 is considered downtrend as the support had been broken. It reacted bouncing from D1 key level support. On D1 chart, this pair is still in uptrend, this current wave might be a pullback before it continue the main trend. What do you guys think this pair...