Correction breakout followed by smaller breakout, looking for short term buys here
Falling wedge breakout after rejecting this major weekly TF support area. Expecting range fill higher
Price came down for a third touch of this channel pattern, indicating a potential bull impulse, might enter on the break of this smaller continuation pattern too. All in all, I’m expecting CAD to fill the gap on most of its pairs
After a third touch on the trendline, price failed to reach above the 50MA as we can see a weak bullish push after the third touch itself. Indicating a reversal down & I’m expecting price to break the trendline here too. Got this entry at a high point so we should be safe from a retest of the break if it happens
Could expect price to reject and come to the 50MA likewise with GJ before, hence why our stops are at a safe distance. If so then I will be entering again. Alternatively, we could just get a straight drop to the downside.
Price coming back up to test this newly formed descending trendline & our 50MA. Expecting the same to happen to this pair as it did with EJ & GJ
Continuation pattern now broken out of, looking for further upside
Price broke this trendline looking for further bearish movement
Descending channel breakout, looking to fill this range higher.
Long trade setup. After the last few bullish days, we can only expect the more to continue a little higher before sorting. We can see the small corrective structure pulling price to the downside, we can enter the long setup when the direction is confirmed through a break of the trend line to the upside
Descending channel breakout very similar to AUDUSD. Aiming for the key area @ 0.90500
Falling wedge breakout w/ small continuation pattern breakout, expecting a strong bull ride
Still bearish on this pair as price is creating a small correction at the top, should we see a break we will enter short & price should break through our main supporting trendline too.
Waiting for a clear break of a 4hr candle of this large descending channel, aiming to fill the range higher.
USD CAD price successfully rejected the 50MA and should head further down. I’m looking to enter another position if this candle closes below the small white trendline once the hour has gone.
Price broke the current support level now aiming for our major monthly TF support area. Using this trade as a mix of hedging EURJPY and routing for USD weakness throughout the week.
Price broke this trendline, now aiming for recent low, correlating with UJ