USDCAD recently broke down the uptrend and retested the imbalance area. We can witness a smooth move of 240 pips taking. We will have to wait for price to settle down on Monday as we had NFP On Friday.
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price is making HIGHER LOW follow the HL and wait for the price to get into Higher time frame SUPPLY ZONE
we further look for LOWER HIGH & LOWER LOWS
with good risk to reward we can enter the trade and aim for the recent HIGHER LOWs (marked in green zone)
FX:USDCAD
As you can see that, USDCAD has created a Double bottom pattern. If it breaks the drawn neck line level then we can plan for buy side and it is for monday (07-08-2023) Plan your trade accordingly...
FX:USDCAD
As you can see that, USDCAD has created a good horizontal support zone, Head and shoulders pattern. If it gives breakout and retest the same drawn level then we can plan for sell side. Plan your trade accordingly...
FX:USDCAD
As you can see that, USDCAD has created a head and shoulder and if it breaks the support neck line, gives retest then we can plan for sell side... plan your trade accordingly.....
FX:USDCAD
As you can see in USDCAD in 1Hr Time frame has formed Inverted Head and Shoulder. if it breaks the Neck line and retest the neckline level then we can go for buy side. Plane your trade accordingly....
Dear traders,
As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible
As i said in the last weeks...UC climbed again to the 1.24700 area, as I said last week, see where it had a very strong rejection, forming a range in this area!
in...
Dear traders,
As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible
As i said in the last weeks...UC climbed again to the 1.24700 area, as I said last week, see where it had a very strong rejection, forming a range in this area!
in...
Dear traders,
As I have been accustomed to in recent months and this time my technical analysis had an accuracy rate of over 95% and I will try to continue to keep this percentage as long as possible
As ai said in the last week...As you can see on the 1 week and 1 month chart, USDCAD is at a much too important point and much too strong not to think of a massive...
