Scribd Logo
Upload

Welcome to Scribd!

  • Usd Cad: Disclaimer

    Uploaded by

    malick komlan
    23 views3 pages
    The document analyzes the USD/CAD currency pair using Ichimoku Kinko Hyo analysis. On the 1-hour and 4-hour timeframes, the price is awaiting a breakout from the Kumo (cloud) to provide signals for potential long positions. The daily timeframe shows a weak bullish cross, while the weekly is below the cloud supporting short trades. Preferred positions are to go long on a 1-hour and 4-hour Kumo breakout or look for short opportunities on a bounce off the 1-hour Kumo with price remaining below.

    Original Description:

    Original Title

    USDCAD

    Copyright

    © © All Rights Reserved

    Available Formats

    DOCX, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    The document analyzes the USD/CAD currency pair using Ichimoku Kinko Hyo analysis. On the 1-hour and 4-hour timeframes, the price is awaiting a breakout from the Kumo (cloud) to provide signals for potential long positions. The daily timeframe shows a weak bullish cross, while the weekly is below the cloud supporting short trades. Preferred positions are to go long on a 1-hour and 4-hour Kumo breakout or look for short opportunities on a bounce off the 1-hour Kumo with price remaining below.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    23 views3 pages

    Usd Cad: Disclaimer

    Uploaded by

    malick komlan
    The document analyzes the USD/CAD currency pair using Ichimoku Kinko Hyo analysis. On the 1-hour and 4-hour timeframes, the price is awaiting a breakout from the Kumo (cloud) to provide signals for potential long positions. The daily timeframe shows a weak bullish cross, while the weekly is below the cloud supporting short trades. Preferred positions are to go long on a 1-hour and 4-hour Kumo breakout or look for short opportunities on a bounce off the 1-hour Kumo with price remaining below.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    of 3

    USD CAD 30-AUG-2009

    Analysis:
    -1hr Awaiting Kumo clearance
    With a long kumo breakout we will have a weak bullish ts/ks cross signal (chikou span
    confirmed)
    With a short kumo bounce we will have a bounce of ts or a strong bearish ts/ks cross
    signal (chikou span to be confirmed)
    -4hrs Awaiting Kumo clearance
    we have top flat kumo attracting price so caution needed for long kumo breakout
    with a bounce we will be in the cloud for a while

    -Daily Price is in pullback state supported by a weak bullish tenkan/kijun cross signal

    -Weekly Price is below the cloud supporting short trades

    Pref positions: Long positions once 1hr and 4hr Kumo will break and support them but for scalp some
    pips ( Res: 1.0975, 1.1000, 1.1015, 1.1070)
    We will check for short position with a bounce on H1 Kumo and price constantly under
    the H1 kumo

    Disclaimer: all the data provided on this sheet are based upon the Ichimoku system analysis,
    All statements and expressions in here are my personal opinions, and not meant as investment
    advice or solicitation .For more information please visit
    http://www.forexfactory.com/showthread.php?t=190646

    Wolfan71

    You might also like