centrion

centrion

USDCAD has almost reached bottom of 18 months long channel. Channel is inclined upwards, with the possibility of a breakout and forming a bowl on weekly chart. S/L and TP are being channel boundaries, here are targets TP: 1.31189 SL: 1.24262 Current: 1.25783 In case prices reach upper bound of the channel, you may also look for a breakout instead of TP.

centrion

Hello everyone, After a weeks long fall, we have seen a retracement above 1.07 for the last 3 weeks on EURUSD. Weekly RSI has reached it's upper level trend line and I expect a retest of lows for the following days. Even there is a chance it can go below, my target would be previous consolidation zone around 1.054 visible on daily chart. Stop/Loss to be just...