Weekly rejection of psychological level of 1.87500 3rd touch of daily ascending TL After 9 continuous bearish days for GA, a pullback to the upside is needed - price is stalling around CMP LH on the 4hr downtrend has been breached and broken, and price is currently retesting this area to make it a support level. SL is at a previous support around 50 Pips TP is at...
- Channel breakout to upside - Resistance has been breached and showing rejection - hourly bearish engulf and retest - Channel retest needed before further upside, which is TP for this Short
WAIT UPON BREAK OF PREVIOUS HIGHER LOW (1.11735), AND SELL AFTER RETEST!
If there is a clear break above 141.300 (daily level), then we can see this pair flying up to April high's around the 147.000 level. Weekly time frame is showing a Head and Shoulder formation. SL: 139.000 (below monthly level) TP1: 143.800 (+300 PIPS) TP2 (upon breaking above TP 1 level): 146.500 (+260 PIPS) TP3: (upon breaking above TP 2 level) 149.000 (+240...
Price is at a major zone, and a double top has formed.
Broke the downtrend line and the 0.618 retracement has been achieved. Looking for BUYS on this par
We need a 4Hr candle close breaking through the daily resistance zone to buy to this pair. I see this pair going up to the 1.33000 zone (250+ pips), pending the break of the zone.
Potential buy on USD/CAD, after a correction of the daily resistance zone. Wait for confirmation on 4HR Time Frame. Could see this going all the way up to 1.36000 area with a profit of over 350 pips.
At a major key level and there is a Moving Average crossover on 4HR TF.