USDCAD Setup again.

6 Apr 2016

Details on chart.

6 Apr 2016

Nota

I am bullish on this pair as I see some good pullback above 1.34 figures before reversing.. But it needs to crack 1.322 previous support not good resistance..

For now it has made good base at 1.30 for bounces.. and new downtrend will start only after break of 1.28. Above it will remain in consolidation.

6 Apr 2016

Nota

Previous support 1.322 now good resistance.

6 Apr 2016

Nota

USDCAD Daily Chart.

7 Apr 2016

Nota

UCAD again bounced from 1.30.. now base.. and we will most likely see move towards 1.316 and 1.322 today.. and if we able to break 1.322 then new jumps will start for 1.34 in coming sessions.

7 Apr 2016

Nota

If usdcad didnt clear 1.32 then possibility for fall back again towards 1.308...

7 Apr 2016

Nota

1hr chart

11 Apr 2016

Nota

I entered with 2nd entry from 1.2084 and keeping stops of both deals 1.29

11 Apr 2016

Nota

11 Apr 2016

Nota

Out with loss at 1.2946

11 Apr 2016

Nota

I am short usdcad from 1.2948 with stop 1.2955.. Only 7 pips stop.. just 1 pip above new 4hr candle.

Will adjust tp but will watch this 4hr candle close.

11 Apr 2016

Nota

USDCAD can possible test 1.2856 and even 1.283 as well...

12 Apr 2016

Nota

Closed sell at 1.2865 from 1.2948.