USD/CAD

48 Week level won't break. UP!

got in 1.3095 SL 1.3068 TP around 1.3320 area

Willing to short this one temporarily if price can break 1.31081 and take it down to 1.30684

Amended the short due to change in volume. Pending short @ 1.31269 SL 1.31660 TP 1.30684

Heads Up

Let see if this is the continuation or just a correction.

oil inching higher and usdcad also going step by step bit higher..
Expect an spike soon above 1.3150 or vice versa

I'm looking to see an hourly close above the 1.13160 level for this to have more upside. If that fails then may need likely more downside before a bigger upside move.

Current M15. If price can break below the daily pivot point that will validate shorts to a temporary target of 1.31019 at which point price will enter H1 demand so we'll have to see what it looks like then

Just a quick update as things have progressed since my last image/post. Currently waiting for 16:45 M15 candle to break as it is demand. Price has realigned with H4 supply and is likely to short in the event that 16:45 does indeed break.

USD/CAD has posted little gains for a second progressive day. At present, the combine is exchanging at 1.3125, up 0.11% on the day.

buy 13161
tp 13174

currently in a bottom of supply zone, first touch of it and looks like selling going on.
presently has potential for sell to 1.31422, i have TP just above 1.315 at top of a demand zone but has to pass through two demand zones top get there.
caution though as USDCAD is showing stronger than DX index

Price has finally made it up to some D1 volume. Looks like it is going to get a nice spike in volume today. I am leaning towards shorts.

agreed, spiked up think as a shakeout then reacted excessively down compared to DX

I took a short term SELL (but big lot) to see what happens.
If I see it's going to break the trend line to go lower I'd keep the trade.

H4 chart:

Looks like this thing is topping out. Back to the trend maybe. Starting to build short position now.

I'll stop out at hourly close above 1.3220

almost here

looks like it will struggle to get through 1.33, i will sell with stop above 1.336

take profit target open

There is no sell setup but I Sold @ 1326.50 let see what happens