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Sunday, December 30, 2012

USDCAD 30.12.12

Hello fellas,

This trade in USDCAD might take little longer to know the results as this one is on daily TF, but never the less its a potential opportunity to make money so we need to act & take those opportunities with our both hands. I always believe it trade in all TF & with all strategy without avoiding my goal of being patience for the perfect price to trade. Here is my USDCAD on daily TF where I see potential bullish bat pattern developing. Price is now at point C & infact I am watching price action to take aggressive C trade as there is confluence of falling TL & structure. Although I believe point C is not yet completed, it will mark little move high, but I m watching it closely. The D will complete @ 0.9685 where FE 161.8, Fib ratio 88.6 & stucture falls in confluence. So please post your views on this, criticism is equally welcome.


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