Daily correction on USD/CAD

2019年7月1日

We need a daily correction on USD/CAD as we can see we had nice support on previous levels and forming a nice doji (hammer) candle . Watch the entry before ISM manufacturing news of USD . risk to reward 2.5

2019年7月1日

註釋

watch on 4H frame a possible head and shoulder pattern for re entry if you missed out . I am watching price to come back at 1.3108 and re enter

2019年7月1日

註釋

also on 1H time frame we can see the 110 EMA acting ass support while we have the 20 EMA crossing the 50 EMA

2019年7月2日

註釋

we can now see clearly the right soulder ( also a small bull flag ) lets see if we have the pattern continuation to the upside

2019年7月3日

註釋

multiple negative news on USD and positive news on CAD and still the price hasn't broke our resistance line . i will exprect the price to head to our target on the nfp news !