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USD/CAD

USD/CAD buy setup long term based on Market Structure.
If the price drop far below invalidating the inverted head and shoulders, the Accumulation phase is void again.
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Money moves the market, not an indicator.
  • Post #15,902
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  • Edited Feb 16, 2021 8:26am Feb 15, 2021 3:57pm | Edited Feb 16, 2021 8:26am
H4 https://www.mql5.com/en/charts/13455...-group-limited
Since we don't see buyers here, on H4 looks like a possible Three Valleys and A River
It's like a Three Drives more complex, inside and AB=CD
The target is around 1.25
Waiting for a sell-off
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USD/CAD has had it rough lately but with oil struggling to push on through $60 and whispers that production may increase should see some gains for this pair
LONG 1.2642
Close 50% at 1.2677 and put a stop loss in at entry giving you a risk free trade
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Quoting phd893
H4 https://www.mql5.com/en/charts/13455...-group-limited
https://www.mql5.com/en/charts/13458...-group-limited
#USDCAD / H4
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Long 1.2601 sl 1.2580 tp open
Hi all,
we may see 1.2460/65 in next week. Thats also my target. GL.
1.27 maybe?
If skills could be acquired by watching, every dog would be a butcher. Turk
Holding my short from 1.2638 sl 0 tp 1.2470 i hope will break bottom after news
Quoting Chicago-Greg
Holding my short from 1.2638 sl 0 tp 1.2470 i hope will break bottom after news
Hi,

we have the same target!lol
GL!
#USDCAD / H4
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Why that spike up?
Sentiment Reversed- some hope start build.
?maybe
If skills could be acquired by watching, every dog would be a butcher. Turk
Quoting Zircon
Sentiment Reversed- some hope start build. ?maybe
Do you think it will hold?
As soon as covid relief bill passes, its down again - just my guess.
Quoting Piphunter40
{quote} Do you think it will hold? As soon as covid relief bill passes, its down again - just my guess.

1.265 is a key level to watch it may reverse . maybe?
If skills could be acquired by watching, every dog would be a butcher. Turk
Quoting Chicago-Greg
Why that spike up?
it is quite rare for any currency to go straight in one direction without pull backs, and there was no significant cad news all week. all the fundamentals are priced in and it just overshoots ADR both ways yesterday and today to hunt stops. im short from 1.2602 to 1.2396 soft stop around 1.2665ish
Qqq Return Today: 0.6%
Quoting Zircon
{quote} 1.265 is a key level to watch it may reverse . maybe?
nice call, man
Qqq Return Today: 0.6%
Quoting Zircon
1.27 maybe?
?? still possible weekly close.
If skills could be acquired by watching, every dog would be a butcher. Turk
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