NOT MUCH FUNDAMENTAL DATA FOR THIS CROSS - CAD IS A BUY FOR THE WEEK AND SELL FOR THE MONTH, I OBSERVE HOW LONG IT TAKES FOR PRICE TO REACH OR BREAK THE EMA.
IF WE GO WITH PATTERNS, THERE WAS A BULLISH HAMMER IN THE 4H, BUT REJECTED TWICE AT KEY AREAS AND FORMED A DOUBLE TOP. NOW IT LOOKS LIKE WE FORM A DOJI IN THE SECOND DAILY CANDLE.
ENTRY CRITERIA SHOULD BE TECHNICALLY STRONG, I DONT HAVE MUCH CATALYSATORS FOR THIS PAIR. I TEND TO FALLING PRICES THIS WEEK.
IF WE GO WITH PATTERNS, THERE WAS A BULLISH HAMMER IN THE 4H, BUT REJECTED TWICE AT KEY AREAS AND FORMED A DOUBLE TOP. NOW IT LOOKS LIKE WE FORM A DOJI IN THE SECOND DAILY CANDLE.
ENTRY CRITERIA SHOULD BE TECHNICALLY STRONG, I DONT HAVE MUCH CATALYSATORS FOR THIS PAIR. I TEND TO FALLING PRICES THIS WEEK.