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Kumowizard
29 Apr 2015 pukul 09.46

EURCAD - Update - Correction has started to unfold Pembelian

Euro Fx/Canadian DollarFXCM

Deskripsi

A quick multi time frame analysis.

Weekly:
- Ichimoku setup is strategic bearish. Bearish supports are at 1,3685 / 1,3835 / 1,4000
- Heikin Ashi pattern is a developing signal for a pull back: smaller candle bodies, with no lower lows make haDelta/SMA3 cross up.

Daily:
- Bearish Ichimoku setup
- Heikin Ashi signal is firm counter bullish now: a correction up to supports is unfolding

4H:
- Bullish Kumo breakout and bullish Heikin Ashi setup confirms what we see on the higher time frames.

Startegy: after we have closed all shorts (see my previous post) it is time to open 0,5-1 trade unit counter trend long position, placing a stop sell order ard 1,3145. Initial tgt is 1,3400 +/-

Komentar
Mirandole
Hi Kumo !

I got the same idea as you this week. I'm in for a long run.



Best Regards,
Serge
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