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USD/CAD

  • #15,901
  • Feb 8, 2021 11:31pm Feb 8, 2021 11:31pm
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.
Attached Image (click to enlarge)
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Money moves the market, not an indicator.
  • #15,902
  • Edited Feb 16, 2021 5:26am Feb 15, 2021 12:57pm | Edited Feb 16, 2021 5:26am
H4 https://www.mql5.com/en/charts/13455...-group-limited
  • #15,903
  • Feb 15, 2021 1:17pm Feb 15, 2021 1:17pm
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
Attached Image (click to enlarge)
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Attached Image
  • #15,904
  • Feb 16, 2021 12:32am Feb 16, 2021 12:32am
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
Attached Image (click to enlarge)
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It's a big game.
  • #15,905
  • Feb 16, 2021 5:26am Feb 16, 2021 5:26am
Quoting phd893
H4 https://www.mql5.com/en/charts/13455...-group-limited
https://www.mql5.com/en/charts/13458...-group-limited
  • #15,906
  • Feb 19, 2021 4:45am Feb 19, 2021 4:45am
#USDCAD / H4
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  • #15,907
  • Feb 19, 2021 10:22am Feb 19, 2021 10:22am
Long 1.2601 sl 1.2580 tp open
  • #15,908
  • Feb 19, 2021 2:22pm Feb 19, 2021 2:22pm
Hi all,
we may see 1.2460/65 in next week. Thats also my target. GL.
Multiple Position Trader
  • #15,909
  • Feb 22, 2021 1:20pm Feb 22, 2021 1:20pm
1.27 maybe?
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #15,910
  • Feb 23, 2021 6:02am Feb 23, 2021 6:02am
Holding my short from 1.2638 sl 0 tp 1.2470 i hope will break bottom after news
  • #15,911
  • Feb 23, 2021 6:33am Feb 23, 2021 6:33am
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!
Multiple Position Trader
  • #15,912
  • Feb 23, 2021 9:48am Feb 23, 2021 9:48am
  • #15,913
  • Feb 24, 2021 1:45pm Feb 24, 2021 1:45pm
#USDCAD / H4
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  • #15,914
  • Feb 25, 2021 7:51am Feb 25, 2021 7:51am
Why that spike up?
  • #15,915
  • Feb 25, 2021 11:31am Feb 25, 2021 11:31am
Sentiment Reversed- some hope start build.
?maybe
If skills could be acquired by watching, every dog would be a butcher. Turk
  • #15,916
  • Feb 25, 2021 12:45pm Feb 25, 2021 12:45pm
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.
  • #15,917
  • Feb 25, 2021 2:17pm Feb 25, 2021 2:17pm
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
  • #15,918
  • Feb 25, 2021 2:27pm Feb 25, 2021 2:27pm
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: 0.7%
  • #15,919
  • Feb 25, 2021 4:38pm Feb 25, 2021 4:38pm
Quoting Zircon
{quote} 1.265 is a key level to watch it may reverse . maybe?
nice call, man
Qqq Return Today: 0.7%
  • #15,920
  • Feb 26, 2021 2:38am Feb 26, 2021 2:38am
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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