Hello Sirs. due to Purely technicals It seems like Usd/Cad might be bullish on the Weekly. We have an inverse H&S. with the neckline been broken on heavy volume. currently testing the neck again for a double bottom. Great R/R position available. im on a 1/5. feedback is more than welcome. atleast say hi.
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Smh. I just paid attention. We might be bouncing off the 200MA on the daily for more bullish confirmation. Cross your testes.
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-GUYS...USD/CAD extremely bullish. Cad might be super weak, Usd might be retracing bullishly because its currently bearish. Euro is strong againts cad. but i came across another indication that USD/Cad bullish. Here we go. the 2 circled Downwards momentums have a small almost nothing green momentum between them. thats #1. #2 is the following average green, its incline and decline to form what we currently have, a Red Momentum decline. #3 is when I will enter long, when the Red decline turns shaded Red & begins its incline. my SL should be below the last previous low @ june 1. -This is the daily chart. any questions, dont hesitate to ask, comments and feedback welcome. I came up with that strategy. :D
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