Tendorian

USDCAD Forecast January 23-27

Giá lên
Tendorian Cập nhật   
FX:USDCAD   Đô la Mỹ / Đô la Canada
4
Early stage bullish momentum, will go long at supports.

This is my forecast for the week ahead. It will be updated everyday during asian session for any changes. Do scroll down to look at the comments for updates.

If my charts are not clear, you can pm me anytime to ask any questions, I am more than willing to help. And if you want to look at my positions, you can click my etoro link from my profile, you will see my trading positions under portfolio.

Nothing is 100% in trading, it is a game of probabilities. Be nimble when trading, never have a strong bias. I can turn from bullish to bearish in a day if price action tells me so.
Bình luận:
Tuesday

The fall was really deep, if price can climb back above resistance we are still long, however if it fails, trend has changed again to favor shorts.

Bình luận:
Wednesday

Price did not climb back up, but however it is also hard to be short againts that strong support zone. So I would prefer to wait for price to climb back above those resistances to go long again.

Bình luận:
Thursday

Price fell back into the support zone, now we wait, for either a break of support or another rejection from here.

Bình luận:
Friday

Still waiting for a break of SR.

Bình luận:
Monday Jan 30

The upmove was not convincing, we may see some sideways movement for today.

Bình luận:
Tuesday Jan 31

Sideways until some SR break.


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