USDCAD has retrace back to monthly low and bounce up , it is near monthly pivot MPP and weekly WM2 at the beginning of the week. BULL will look for opportunity to buy and target weekly WM4 .OIl has show sign of weakness as positive news slowly being digest out. Look in to Daily H4 for sign of reversal up.

USDCAD Daily ( 17 Oct , 2016 )

Daily climbing up higher high then higher low is forming

USDCAD H4 ( 17 Oct , 2016 )

Monday it open at WM2 Bull look for buy at WM2 to WM4 move

USDCAD 15M ( 17 Oct , 2016 )

Entry time frame 15M wait for this pair pullback to 1.3125 SL 1.3025 TP 1.3325

2 thoughts on “USDCAD Week 43 Trade Plan ( 17 Oct , 2016 )”

  1. Kash says:

    Great analysis Daniel. Your entry coincides with the 4HR200EMA that has proven itself as support so on the money in my opinion.

  2. Daniel Chan - Forex.Today says:


Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.