USDCAD trend reversal?

You have enough pips and the market knows it

I think it's pretty much the end of the move now..?

end of up or down are you referring to?

end of down, back to 50% fib and neckline of weekly h&s bottom. i didnt catch it as i said before i went long after my short for a -20 loss

end of down?

what chart are you looking at?

can u pls post your chart?

i knew somebody was going to ask sooner or later!
end of anything is a big attention getter..

ok.

charts please bobblong. i want to know too.

Here it is. But I've changed my opinion since the last post.
Weekly shows a big bad pin bar that may lead to a lot of down move or consolidation (most likely i think). I do not see it going up very far right now, maybe 60-70 pips. If this current daily closes below the neckline that negates the H&S bottom, like lots of previous ones.

We can see the where price is now is good support, but USD Index is only facing a smalltime recovery and back to its downtrend, IMHO. My GMMA on the weekly shows the long term downtrend is still intact.

Also I do not trade when the red & yellow MA's on this daily chart are so close together, no momentum.

What do you guys say?

baffled atm with this pair yet again.

i do wish i had held on to that short @ 0840. this way all i had to use was trailing stops. also, higher oil prices tend to make cad stronger.

Weekly

This thing has gone dead, straight flat look for breakout.

USDCAD

USDCAD is in up trend. The fall from 1.0866 is treated as consolidation to the up trend, and a break above 1.0866 level will signal the resumption of the up trend. Near term support is at 1.0461, break below this level will delay the resumption of the up trend.

Cot data confirms move to upside.

Way specs are now positioning themselves, starting to go short on the loonie.

looking for a level.

some cad news are in order for today.

anyone going up?

Just opened up my usd/cad chart and saw the spike up on the 15min candle. Does anyone know what caused this?

Currently flat this pair, but will be looking to get long soon.

Same here, 72 pip spike in 1min, prolly stop hunting. Grateful It didn't go higher as I have an order long on the other side of 1.07XX above the 23%fib.

Update from last week's post

Well, Well ,...............Targets are reached ..........

Pg-2.........................

Usd/Cad

Today's Chart Price Action ....

Only a Probability! ................ Not Cast in Stone !
-------------------------------------------------------

sorry but ...............

this time wave didn't work out!!

USD is down again!!

I just recently discovered the power of pitchforks and decided to draw some on usd/cad. I was amazed at what I saw and decided to share it with you all. This is a daily chart.