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UnknownUnicorn180388
9 janv. 2018 22:11

USD.CAD - Textbook Trade Opportunity  Long

FX:USDCAD60
U.S. Dollar/Canadian DollarFXCM

Description

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Currency Pair: USD.CAD
Time Frame: Daily, 4hr, 1hr & 5min
Predicted Direction: Long

Live USD.CAD updates will be available in the comments section below.

The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.
Should my daily predicted direction be incorrect no trade opportunity will be generated.

Commentaire

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Price is now invalidating this trade opportunity.
No trade to be taken.

Commentaire

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My apologies i have updated the wrong setup.
This trade setup is now on today's watchlist.
Trend AnalysisChart PatternsTechnical IndicatorsukforexsignalsUSDCAD
Commentaires
MertErten
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good analysis!
MertErten
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should have anticipated a breakout though.
Gibmoses
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What's youre long term prediction? I have CAD $ untouched in bank. Would you advise me to convert it to USD for long term hold?
thejuveniletrader
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Is it safe to enter now Tom or we're still waiting for a certain confirmation before entering?
UnknownUnicorn180388
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@thejuveniletrader, I still need a little more of a pullback and then confirmation prior to an entry.
JRevival5
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Are you waiting on a deeper pull back?
UnknownUnicorn180388
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@JRevival5, Hi,

I am yes, although price is already starting to run.
winerstep
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@tomhall, maybe the price will re test support at 1.24100. but for next days we will see the retest of level 1.26800 so after we can take sell position for long
UnknownUnicorn180388
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@winerstep, Potentially, however for me i am only looking to take this pair long given the Daily & 4hr TF
winerstep
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@tomhall, look this , can give you some idea
Plus