For my previous post and context see below:
I expect this pair to retrace soon. I will be looking for a last leg lower towards 1.47 zone before we see a reversal. I need to see an impulse of lesser degree on lower time frames to buy after the minor consolidation.
(the arrows show an indication of what I like to see)
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I expect this pair to retrace soon. I will be looking for a last leg lower towards 1.47 zone before we see a reversal. I need to see an impulse of lesser degree on lower time frames to buy after the minor consolidation.
(the arrows show an indication of what I like to see)
www.timstuyts.com
facebook/timstuyts
評論:
We didn't see the break I was looking for and now I'll be looking for the same thing. I need to see an impulse higher break out of the bearish structure for a buy after a correction of lesser degree. If it breaks lower we should be looking to sell.
交易進行:
I call the CAD trades 'active' but I have specific rules when it comes to risk management. So not jumping in on all CAD pairs at once or with same exposure. Nevertheless the EURCAD also looks ready for a deeper bullish correction.
評論:
for target keep an eye on 1.495 and 1.51 for now.