FOREX PRO Weekly March 25-29, 2013

CAD

Hello Sive!

Maybe you can give an opinion on what technique should I apply for long entry on CAD.

There is daily Confluence support and Agreement. H4 shows Bearish pressure so it could be another leg down and breaking of the consolidation horizontal channel.

Is this "222" pattern on daily?

I never understood if Limit order is a good entry technique in this case or will it be better to wait for the reaction on the level, H1 trend bullish and only then enter on the retracement.

Thank you!
 

Attachments

  • usdcaddaily.png
    usdcaddaily.png
    44 KB · Views: 11
  • usdcadh4.png
    usdcadh4.png
    48.6 KB · Views: 12
The Ortodox Easter is on the 5th of May. I think Sive is Orthodox faithful. All East is Orthodox guys :)

Hi Georgeta, actually, you're right.

Maybe so Georgeta but it is Easter for a lot of us and there's no harm in extending good wishes :)

All the best

Michael

And you're right as well, Michael. Easter meaning is so Great that it envelops all our life. So, I'm very greatful to all of you for warm wishes and words. Happy Easter to all of you, guys!
 
Back
Top