Numero_Uno1

Numero_Uno1

A retest around the 12.8 zone, price seems to have hit it on several occasions and then bounced back to honor the ol'trend. At the completion of the down trend(1.28 retest) I see price touching a monthly level ( Green). I'll look for the completion of any of these two patterns before I speculate on whether or not I'm still bullish.

Numero_Uno1 Updated 

So USDCAD walks into a bar, the bartender happens to be named Janet Yellen. The bar is called the Trendline and its right between Techincal Analysis Blvd. and Bullish USD street.

Numero_Uno1

I mentioned before I was Bullish USD. not seeing much of a reason to feel otherwise, but you can also see on previous charts I published I missed the drop and loss profits. Never the less, we live and learn. Also I admit to failing to keep my chart updated with new marks. I'm just following bullish trend at this point. It'll end when the market crashes -__-

Numero_Uno1

I see a head and shoulders pattern near completion, Fibs suggest retracement but in my opinion, it won't happen until head and shoulders is completed. So I'm looking for a drop lower before I take the buy and head for the 50. fib level.....

Numero_Uno1

I'm bullish USD going into 2017. With that being said, if price fails to break 1.354 level then I believe a slight correction will occur at the 1.35168 level where I placed a $. A fib retracement suggest if drop is correct it will eventually correct itself to the 1.34884 level. We still haven't accounted for News or strong trend.To continue said trend I'm looking...

Numero_Uno1

Fib suggestion of bullish retrace continuing flow of usdcad uptrend. Trendlines respected mucho. Conservatively I'm looking 1.339 but with bullish eyes She's definitely looking at 1.342 again