The New State of Usdcad - forex robot trader reviews ea

The New State of Usdcad ~ forex robot trader reviews ea

I have maintained a very bullish bias of Usdcad and price has not given me any reason to think otherwise. 

The last forecast I posted on this pair on 14th November about a double zigzag complex correction gave me some nice 140pips, though I aimed more.

 Price closed the second part of that trade at 80pips. Not bad for a corrective trade.

This market is amassing momemtum to fly high.

Going by the long term, weekly chart, price is in wave 5 of an impulsive move which has the ability to soar to 1.1850 (100% of wave 1- equality ratio) or 1.2700 ( 1.618% of wave 1).

Going by the 4 hour chart, the recent downside correction could be the wave 2 of the expected impulsive wave 5 to complete the last motive wave before we look for a bearish move properly.

The intraday chart figured a flag pattern consolidation, which if broken upside should support the bullish bias.

If flag is broken upside, I will see you in 1.1850.

I will update you as price reveal its movement.

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Usdcad Party How does it fair - free forex trading robot reviews

Usdcad Party How does it fair ~ free forex trading robot reviews

In the month of October, Usdcad really gave me many pips and I predicted its move almost perfectly with an incredible timing , entries and exits; maximizing almost all the up and down moves

This success story started on 6th July when I predicted a long term bullish move and I have been able to consistently follow through. Markets are really structured.

In the month of October alone,I took a short move on 6th October, 15th October; long moves on 10th October and the recent one on 31st October which could take us to 1.1500.

Each short move I took, I still had it in me that the general trend is up until price proves me wrong. 

I expect the recent upmove to rest at 1.1500 ( though my stop loss is a bit below) where the impulsive 5-wave move cold end for a bearish correction 

I will watch how price wants to play out and will update you. Till then let me enjoy the party!

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