Hi fellows, I am anticipating breakdown of that channel with strong impulse. In case price forms new high i will not be interested to buy for upside as this pair is already at top since last couple of months. Any strong breakdown will give indication that USDCAD is going to reverse to the bottom of Ascending channel.
Komen
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USDCAD is testing the top again. Watch it for top. Strong divergence is there on 15 Minute and 1 Hrs time frame. If you dont want to sell from top then watch for impulse on lower time frame like 15 minute if strong impulse appears then sell on the rally. Good Luck fellows.
Komen
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Nice price action coming on USDCAD at the top on lower time frame. Watch for breakout of ascending channel.
Komen
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Watch impulse fellows.
Komen
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This pair has a huge potential but for short term it is rising up correctively so Watch for impulse if impulse do not appears then keep buying for short term on every dip
Komen
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Impulse is there If not in then watch for TCP fellows here is the update.
@ridafad52, i have more than that trades open on this pair mate. It will fall. Use reasonable risk. Only use that money which you can afford to lose mate. Good Luck mate
Good work and thumb up...I am expecting a 50%(probably) retracement here before going short. the short to me might come on Tuesday or Wednesday. Hey! wavetrader, I appreciate the humility in your tone too. You are the best
Mc-Fly
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@CrystalS, Thanks crystals. Be careful at 1.35750 this is an important level with ichimoku,