SwissPips

USD/CAD: Targeting 1.27700

بيع
SwissPips تم تحديثه   
FX:USDCAD   دولار أمريكي / دولار كندي
Hi guys,

We've got two nice rejections of 61.8% fib level from the top of the structure + RSI divergence on H1. It's enough for me to consider a short trade on this pair.

I am targeting next fib level @ 1.27700 as soon as the current parallel channel is broken to the downside.

Best,

Jesse
تعليق:
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guys, as mentioned the trade should be taken IF the parallel channel as shown below and above is broken.

Cheers

تعليق:
Patience patience as always ;) could be a nice 70+ trade
تم فتح الصفقة:
I am not waiting for the breakout, already getting in
تعليق:
Price is going up, volume is going down = bearish.

NEW TARGET at 1.27680

تعليق:
Bearish volume building at top of this corrective structure

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ok guys this should technically be our top

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Sorry the windows was cut again

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window*
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ok guys, being rejected at 61.8% of the Pullback.

Volume on M15 is going down, I am keeping my current short

تعليق:
What we can see is that this up move is not supported by increasing volume which could let us think that bears are waiting at the corner to short it again. This 61.8% fib level could be the level of reaction which I am expecting since this morning! Wait and see. Red news in 15 minutes.

تعليق:

Orange dotted lines = fib level of the bigger structure
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there you go
تعليق:
I know you guys can barely see something but what's interesting to observe is that:

1. There was a down impulse then a pullback which was rejected at 61.8%.
2. It went then down and up again and this was also rejected at 61.8% fib level

I have lowered my target as shown in the chart.

Off the charts a couple of hours.

Best

Jesse

تعليق:
New target @ 1.27580
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Bears are in da place
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increasing selling volume

تعليق:
Guys, check this out: The candle broke the support and CLOSED below it which is a good bearish sign as well.


تعليق:
off the screen til tomorrow guys. Monitor your positions ;)

volume is decreasing = Pullback

since the trend line was broken + we have a high volume bearish candle I don't expect it to be deep...

Let me know when you close it I am curious ;)

Best

Jesse
تعليق:
Quick update before tomorrow:

I am selling any pullback

Have a good evening/night guys!

Jesse
تعليق:
As you can see, the trend line was broken.

Volumes are indicating it's bearish and are diminishing currently suggesting it's a pullback.

RSI trendline on H1 was broken as well confirming it's gonna go down.

تعليق:
I am adjusting my target

We have a high volume nod at 1.27700 suggesting bulls will defend this level pretty hardly.

My 1st target was good after all ;) 1.27720 to be on the safe side.

تعليق:
Currently trading at 38.2% retracement from top

تعليق:
Hey guys, the USD is super strong,it looks like the pattern has changed. I am out of this trade.
تعليق:
Watch out, the pair could rebound from this area

تعليق:
This could be a PB

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