Monthly USDCAD

2024년 1월 3일

Breakout of Symmetrical triangle leading to development of a bullish triangle and ultimately to hit August 1998 highs around the end of 2015 or into 2016.

2024년 3월 19일

노트

2 and half months later, still doing its thing. Curious to see if the current uptrend of USDCAD bounces off the multi-year resistance or breaks through here in the pattern.

2024년 4월 15일

액티브 트레이드

Pattern still on Target after 3 and a 1/2 Months. 🧐

Will it punch through the upper line? 👊

2024년 4월 15일

액티브 트레이드

A "W" continuation pattern is forming on the monthly targeting 2016 and 2020 highs of 1.46.

2024년 6월 3일

액티브 트레이드

🎆5 MONTHS and pattern STILL on track! 🧐

JUNE 5: Bank of Canada to cut rates? Pattern is running out of runway.

2024년 6월 24일

액티브 트레이드

December 26-28: pattern failed to breakdown.

April 16-17: failed to Breakout

June 11: again failed to Breakout

Will likely pull back to 1.365s before bouncing off support line that has developed throughout 2024.

Canada economic fundamentals horrible.

2024년 7월 22일

액티브 트레이드

HISTORY
-Failed to breakdown Dec 23
-Failed to breakout APR 24 & JUN 24

NOW
-JULY 22, 2024 has broke through upper resistance line again (three times a charm?)
-Bank of Canada cutting again this week -Canada economic indicators a trainwreck
-should successfully breakout and consolidate above this resistance line
-markets will punish the BOC for the gap between Canada/US rates by selling the CAD... like HARD

2024년 8월 7일

액티브 트레이드

7 Months in the making... NAILED It!!! July was the breakout.
NOW? Back testing breakout of Symmetrical triangle.
Could bounce around for a few days in 1.370-1.375 range or ride the new support line until September.
PREDICTION: Pop to 1.46 in September.

2024년 10월 29일

액티브 트레이드

MONTHLY (SINCE JANUARY 2024)....
After a wild WHIPSAW in August showing another failed breakout, CAD is now heading into the next step of the pattern.
Expect it to POP to 1.46 as a result of the (crazy) U.S. Election.

6시간 전

거래청산: 타겟 닿음

💥RIGHT ON TARGET!!! - Monthly (SINCE JANUARY 2024)

⬆️STILL HEADING TO 1.65ish.

Wild chart right? Unfortunately Trading View will not let me keep this chart open anymore.😔