puli07sanny

puli07sanny

price broke the ascending channel and made lower highs and lower lows. Price made a nice a drop and started making flags and dropped again now making another flag.

puli07sanny

price is at the level 1.33090 which previously was a major support level and price moved up by around 900 pips. As you can see price is currently in a descending channel, however price did bounce off the 1.33090 support (orange line) and made a bullish engulfing candle sticks. i will be waiting for price to break the channel before going long.

puli07sanny

price broke ascending trendline support and current retesting maybe there will be a drop.

puli07sanny

price broke out of the descending channel and made a huge move up now its creating a flag and most likely will continue going up till it hits resistance.

puli07sanny

As you can see from the chart that price made a nice drop making a bearish pole and now its making a flag, however the flag seems to be descending this could be an indication of a bullish move about to happen. So lets wait for the breakout.

puli07sanny

this is the weekly timeframe of usdcad and it looks like there will be another downfall. Since its a weekly it will take some patience to play out.

puli07sanny Updated 

bullish pole and now a flag great opportunity.

puli07sanny

i am already in profit with this trade but theres still another opportunity lurking. If i see a breakout of this descending channel i will look to open another trade with this pair. For now i have put my stoploss to breakeven with current running trade. As i mentioned on my previous post on this pair, one of the reason for taking this trade is because price...

puli07sanny Updated 

price was at a very strong support where it immediately bounced off and started making bullish moves in the lower timeframes. i have taken this trade due to 2 confirmations 1) price made a sharp turn on the support and made countinues bullish moves 2) engulfing candle stick on the 4hr

puli07sanny Updated 

price bounced off previous support and now theres a huge bullish engulfing candle stick on the 4hr and if you come down to the 1hr timeframe you can see more clearly that theres a bullish pole and now a flag. Another possible reason for this bullish move is that price broke the descending channel and retested and moved up. I will be looking to go long, when i see...

puli07sanny Updated 

consolidating price on the monthly. The price is at a very strong resistance even on the monthly. Double top looking price action. So why not go for this shorting opportunity.

puli07sanny

buy stop and sell stop placed price is making nice LH and LL in a channel. price is currently at the resistance trendline of the channel. lets wait to see which gets activated.

puli07sanny

price broke the support and retested. Should have got in earlier as it would be a good entry. Theres still room for more bearish moves.

puli07sanny

in my previous analysis i thought price reversed and its going up, however price was just pulling back. as you can see it broke the trend channel and theres a engulfing bear candle stick.

puli07sanny

price broke the trendline and retested if you look at the 4hr timeframe theres a bearish engulfing candle stick. I am now currently in this trade.

puli07sanny Updated 

price is consolidating in the yellow box and we could catch the break out. To me it looks more like a bearish drop to the next support level.

puli07sanny

CBA

puli07sanny

Price is at a very crucial region, if you change to the weekly time frame price respected the blue trendline several times and shot up. Now i will wait to see if price will break the current bearish trend channel and head up then i will take the trade.