Potential short for USDCAD possible reversal in the highlighted zone, confirming a double (rain) 'drop' top ;) could also retest the trendline first, for a third bounce strike rule .. TP's based on previous resistance and support on a line chart. I think Ill wait till this candle close, otherwise for a bounce on the trendline before Ill enter this trade.
comment your thoughts about it Note: Blue arrow: Correct uptrend Green arrow: Correct downtrend Red arrow: Wrong Trend( but you thought it would be correct) comment on it Blue Horizontal line: Resistance ---- think of blue sky Grey Horizontal line: Support-----think if rock land :)
I think that the Gold probably will go until the weekly support at 1250 then maybe to the monthly support at 1200, we can see the break of the trend line from the begging of the year 2016, we need to find a good entry for a short position. Be careful and good trade :)
We all wait for NFP, and unfortunately, I have no idea what I can see, but! I have 2 scenarios, that I light in blue triangle. Also, you can see black support, and if we break it, we can sell, or if not - buy. I guess tomorrow on NFP news plus another news would be one direction move, but teeterboard. Take care.
After a bullish signal on BTC the short downtrend was broken and build a base for an uptrend. At the moment we can see the BTC moving in a triangle so we can wait for a breakout next 2 days.
Sunday analysis; USDCHF, as you can see there are many patterns and trendlines that cover the 1.0000 lvl. Only go short on breakout failure. So we need a close below.
demain a 12h gmt 3 événements (GBP) importants peu influencer le marcher , faut bien sortir et reprendre après (remercier moi après :D)