CAD export / USD/CAD price 3 replies
USD/CAD short? 13 replies
The pin does show some sign on the weekly - with the nose being about 66 pips or so, and the open and close being lower than the top of the previous candle.
Look at the 1 day chart, it may even have a better nose on it about 156 pips or so, and the open and close being lower than the previous candle also. I would like to see the open on this bar a little lower, this makes me a bit cautious for now, but nevertheless it gain my interest.
This is a good look, confirms my Short a bit more.
Thanks a lot,
Dislikedhere is the daily chart up at the fib on the VWB with a pin. A short under the 1.5140 area could be a safe play as well. at the least, this pair is worth watching. Friday had a pin on the 4 hour chart as well that was good for 50 pips itself. So we have weekly daily 4 hr pins.