USDCAD Buy Setup

Details on chart.

코멘트:

2nd Entry 1.291

코멘트:

Stay long we are going for 1.34 and high after consolidation!

코멘트:

This trade require some time.. but usdcad is going for 1.35 and high!

코멘트:

Remaining below 1.31 can again go for 1.29 as well..

코멘트:

Break of yesterdays high will smooth road for 1.325 intially..

코멘트:

and if there will be no break then we will be back in broad range of 1.31 and 1.28

코멘트:

1st major success for bulls as it has taken out 1.31.. stay long we will target 1.35 in coming time!

코멘트:

Closed 1st entry from 1.30 at 1.3127 with 127 pips profit and now 2nd entry floating from 1.291

코멘트:

It is now close to 2nd resistance of today 1.3194..

코멘트:

Trading below 1.32 is still bearish and it can get pullback again towards 1.306 or 1.30 on Monday. Break of 1.32 would be positive.

코멘트:

We have 2nd big break now... 1.32 is taken out.

코멘트:

Apart from swing setup.. usdcad has very bullish setup for today.. which suggest going above 1.317 for today.. it has taken downside.. now upside.. Only break of 1.30 will be bearish.. above it can rock

코멘트:

Nice upside.. 1.35 still intact!!!!!!!

코멘트:

Break of 1.32 will be another break... many buy stops there that will push price more high..!!!

코멘트:

Buy usdcad on pullback towards 1.3125 on monday.. we have Tripple bottom now at 1.30 and neckline of 4hr double bottom is 1.314/45.. so buy pullback will be great opportunity for long position... Other thing.. i am not expecting usdcad to take now leap jumps as on friday because as per daily chart.. it make long candle and then make turtle walk.. so though it will go for highs but at same time i am expecting pullbacks as well as per last daily chart candles..

코멘트:

So usdcad back under 1.30!!! I was expecting this move and i shared 3 days ago that as per its daily chart.. every time it makes long big candle upside then it retrace 70 to 100% and then move up... keeping buyers and sellers both in consolidation.. For today, we have crude oil inventories data and oil is on brink to slide down below 43.3.. but as far as it is above 42.. oil is bullish intrday. I am expecting now move up towards 1.322 as it has taken down retracement as per daily chart and expecting oil to slide down.. remaining market will tell.

코멘트:

Out from longs...

코멘트:

Market seems preparing to break 1.30... and upon clear break road of 1.24 will be opened and if upside break of 1.32 then 1.35 and even 1.40.... lets see where market crack today.

코멘트:

I am having now short position in usdcad.. lets be it as if it dont want to rise.. or i will be scrambled out if there will be upside

코멘트:

As said yesterday, that market wants to break 1.30.. and today we have clean breakout.. i know see 1st downside target 1.27 and then 124..