The USDCAD pair rallying to balance the supply-demand and creating a brand new weekly downtrend. In weekly time frame, the chart printing signals at 1.31870. At 1.46916, candles formed an impulse and saved the trend from upward. And the signal forms a correction to stabilize the trend. (shown in the graph) After the correction formation, (1.32049) signal broke the trend with an impulse. (shown in the graph) By the broke out impulse, the signal hoisting a flag correction and printing the current price action. (shown in the graph) With the above facts, I’m expecting an impulse to pull the trend down from the current price action. Due to the flag correction, the candles may form an impulse and correction. If impulse and correction mean, your take profit should be 1.21864 with 3.29% R/R ratio. But the candles will form the structure like a thunderbolt. The price range will move to the down and retrieve to the top as correction and again back to down. In case the price range moving to the resistance means, end the trade at 1.34908. EYES ON CHART AND DECIDE YOUR TRADE. SIGNAL SPECIFICATION: Pair: USDCAD Order: SELL Entry: 1.31870 Take profit: 1.21864 Stop […]
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In the chart, signals nicely jump off from the support and entering into a possible pullback area But the price is not creating a trend reversal. In a day time-frame, at 0.78523 the market got a pullback and reversed the trend to down. After the pullback, it forms an impulse to keep the reversal process in a constant form. Back to back impulse formation tends the flag formation as a correction (shown on the graph). At present, chart printing the signals at 0.74853. Henceforth, we have a probability for the pullback. By the continues impulse formation, the pullback point may differ. I am expecting a sharp impulse towards the top and it will break down and fall. By its record, the fall may up-to 0.72967 Or In case the signal continued as an impulse means, end our trade at 0.76478. SIGNAL SPECIFICATION: Pair: CADCHF Order: SELL Pending Entry 1:0.75327 Pending Entry 2:0.75698 Take profit: 0.72967 Stop loss: 0.76478 Risk Vs Reward: 2.05 ———————————————————————- Our Unique Features: 1. Follow our 15 signals ….10% equity will increase in your account for sure. 2. We are not Trailing stop! or average the trades. 3. 2% Risk Management Per trade. 4. Risk vs Reward […]
Look before you leap into it. We don’t know want kind of risk ahead of us Determine the risk before you move on to a trade. Candlesticks are part of the trade. Trading without candle sticks is like finding a pin in the sea. Don’t run on someone expectations. Do what you can Think twice before you make a decision. And make sure you have enough data to make a decision.
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