Tendorian

USDCAD Forecast January 16-20

Tendorian Uppdaterad   
FX:USDCAD   USA-dollar/Kanadensisk dollar
6
Neutral as we are at a strong support zone. Waiting for a reversal signal to start going long, else a break of this support zone will trigger more shorts on pullbacks.

This is my forecast for the week ahead. It will be updated everyday during asian session for any changes. Do scroll down to look at the comments for updates.

If my charts are not clear, you can pm me anytime to ask any questions, I am more than willing to help. And if you want to look my my positions, you can click my etoro link from my profile, you will see my trading positions under portfolio.

Nothing is 100% in trading, it is a game of probabilities. Be nimble when trading, never have a strong bias. I can turn from bullish to bearish in a day if price action tells me so.
Kommentera:
Tuesday

We could be looking at a directional change here, but I want to see those resistances taken out before going long on pullbacks.

Kommentera:
Wednesday

Still awaiting bias

Kommentera:
Thursday

Potential early stage reversal, as long as prices doesnt crash today.

Kommentera:
Friday

Trend change confirmed, look to buy on supports.


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