#1.3120

SELL USD/CAD 1.3179 TP1 1.3140 TP2 1.3120 STOPLOSS 1.3210

The post SELL USD/CAD 1.3179 TP1 1.3140 TP2 1.3120 STOPLOSS 1.3210 appeared first on CTCFM.

CTCFM

SELL GBP/USD 1.3205 TP1 1.3160 TP2 1.3120 STOPLOSS 1.3275

The post SELL GBP/USD 1.3205 TP1 1.3160 TP2 1.3120 STOPLOSS 1.3275 appeared first on CTCFM.

CTCFM

New Post has been published on http://u.to/YpApDw

Commerce Concept: USD/CAD - Maintain lengthy entered at 1.3120

USD/CAD – 1.3138

Recent wave: Only wave v of c has ended at 0.9407 and wave C of major A-B-C correction is underway for headway to 1.4700

Trend:  Sideways

Original strategy       :

Bought at 1.3120, Target: 1.3300, Stop: 1.3060

Position: – Long at 1.3120

Target:  – 1.3300

Stop:- 1.3060

New strategy             :

Hold long entered at 1.3120, Target: 1.3300, Stop: 1.3105

Position: – Long at 1.3120

Target:  – 1.3300

Stop:- 1.3105

Although the greenback has retreated after faltering below Friday’s high at 1.3200, as long as 1.3105-09 holds, consolidation with upside bias remains for another rise, above said resistance would extend the rise from 1.2996 towards resistance at 1.3254 (last week’s high) but break there is needed to confirm recent erratic upmove has resumed and extend gain to 1.3300-10, then towards 1.3350-60.

In view of this, we are holding on to our long position entered at 1.3120. Only below 1.3070-80 would defer and prolong choppy trading, risk weakness to 1.3030 but only break of said support at 1.2996 would shift risk back to downside for further fall to 1.2940-50 first.

To recap, wave B from 1.3066 is unfolding as an a-b-c and is sub-divided as a: 1.2192, b: 1.2716 and wave c is a 5-waver with i: 1.1983, ii: 1.2506, extended wave iii with minor iii at 1.0206, wave iv ended at 1.0781 and wave v as well as wave iii has ended at 0.9931, hence the subsequent choppy trading is the wave iv which is unfolding as (a)-(b)-(c) with (a) leg of iv ended at 1.0854, followed by (b) leg at 1.0108 and (c) leg as well as the wave iv ended at 1.0674. The wave v is sub-divided by minor wave (i): 0.9980, (ii): 1.0374, (iii): 0.9446, (iv): 0.9913 and (v) as well as v has possibly ended at 0.9407, therefore, consolidation with upside bias is seen for major correction, indicated target at 1.3700 and 1.4000 had been met and further gain to 1.4700 would be seen later.

New Post has been published on http://u.to/YpApDw

Commerce Concept: USD/CAD - Maintain lengthy entered at 1.3120

USD/CAD – 1.3138

Recent wave: Only wave v of c has ended at 0.9407 and wave C of major A-B-C correction is underway for headway to 1.4700

Trend:  Sideways

Original strategy       :

Bought at 1.3120, Target: 1.3300, Stop: 1.3060

Position: – Long at 1.3120

Target:  – 1.3300

Stop:- 1.3060

New strategy             :

Hold long entered at 1.3120, Target: 1.3300, Stop: 1.3105

Position: – Long at 1.3120

Target:  – 1.3300

Stop:- 1.3105

Although the greenback has retreated after faltering below Friday’s high at 1.3200, as long as 1.3105-09 holds, consolidation with upside bias remains for another rise, above said resistance would extend the rise from 1.2996 towards resistance at 1.3254 (last week’s high) but break there is needed to confirm recent erratic upmove has resumed and extend gain to 1.3300-10, then towards 1.3350-60.

In view of this, we are holding on to our long position entered at 1.3120. Only below 1.3070-80 would defer and prolong choppy trading, risk weakness to 1.3030 but only break of said support at 1.2996 would shift risk back to downside for further fall to 1.2940-50 first.

To recap, wave B from 1.3066 is unfolding as an a-b-c and is sub-divided as a: 1.2192, b: 1.2716 and wave c is a 5-waver with i: 1.1983, ii: 1.2506, extended wave iii with minor iii at 1.0206, wave iv ended at 1.0781 and wave v as well as wave iii has ended at 0.9931, hence the subsequent choppy trading is the wave iv which is unfolding as (a)-(b)-(c) with (a) leg of iv ended at 1.0854, followed by (b) leg at 1.0108 and (c) leg as well as the wave iv ended at 1.0674. The wave v is sub-divided by minor wave (i): 0.9980, (ii): 1.0374, (iii): 0.9446, (iv): 0.9913 and (v) as well as v has possibly ended at 0.9407, therefore, consolidation with upside bias is seen for major correction, indicated target at 1.3700 and 1.4000 had been met and further gain to 1.4700 would be seen later.

New Post has been published on http://u.to/YpApDw

Commerce Concept: USD/CAD - Maintain lengthy entered at 1.3120

USD/CAD – 1.3138

Recent wave: Only wave v of c has ended at 0.9407 and wave C of major A-B-C correction is underway for headway to 1.4700

Trend:  Sideways

Original strategy       :

Bought at 1.3120, Target: 1.3300, Stop: 1.3060

Position: – Long at 1.3120

Target:  – 1.3300

Stop:- 1.3060

New strategy             :

Hold long entered at 1.3120, Target: 1.3300, Stop: 1.3105

Position: – Long at 1.3120

Target:  – 1.3300

Stop:- 1.3105

Although the greenback has retreated after faltering below Friday’s high at 1.3200, as long as 1.3105-09 holds, consolidation with upside bias remains for another rise, above said resistance would extend the rise from 1.2996 towards resistance at 1.3254 (last week’s high) but break there is needed to confirm recent erratic upmove has resumed and extend gain to 1.3300-10, then towards 1.3350-60.

In view of this, we are holding on to our long position entered at 1.3120. Only below 1.3070-80 would defer and prolong choppy trading, risk weakness to 1.3030 but only break of said support at 1.2996 would shift risk back to downside for further fall to 1.2940-50 first.

To recap, wave B from 1.3066 is unfolding as an a-b-c and is sub-divided as a: 1.2192, b: 1.2716 and wave c is a 5-waver with i: 1.1983, ii: 1.2506, extended wave iii with minor iii at 1.0206, wave iv ended at 1.0781 and wave v as well as wave iii has ended at 0.9931, hence the subsequent choppy trading is the wave iv which is unfolding as (a)-(b)-(c) with (a) leg of iv ended at 1.0854, followed by (b) leg at 1.0108 and (c) leg as well as the wave iv ended at 1.0674. The wave v is sub-divided by minor wave (i): 0.9980, (ii): 1.0374, (iii): 0.9446, (iv): 0.9913 and (v) as well as v has possibly ended at 0.9407, therefore, consolidation with upside bias is seen for major correction, indicated target at 1.3700 and 1.4000 had been met and further gain to 1.4700 would be seen later.

New Post has been published on http://u.to/YpApDw

Commerce Concept: USD/CAD - Maintain lengthy entered at 1.3120

USD/CAD – 1.3138

Recent wave: Only wave v of c has ended at 0.9407 and wave C of major A-B-C correction is underway for headway to 1.4700

Trend:  Sideways

Original strategy       :

Bought at 1.3120, Target: 1.3300, Stop: 1.3060

Position: – Long at 1.3120

Target:  – 1.3300

Stop:- 1.3060

New strategy             :

Hold long entered at 1.3120, Target: 1.3300, Stop: 1.3105

Position: – Long at 1.3120

Target:  – 1.3300

Stop:- 1.3105

Although the greenback has retreated after faltering below Friday’s high at 1.3200, as long as 1.3105-09 holds, consolidation with upside bias remains for another rise, above said resistance would extend the rise from 1.2996 towards resistance at 1.3254 (last week’s high) but break there is needed to confirm recent erratic upmove has resumed and extend gain to 1.3300-10, then towards 1.3350-60.

In view of this, we are holding on to our long position entered at 1.3120. Only below 1.3070-80 would defer and prolong choppy trading, risk weakness to 1.3030 but only break of said support at 1.2996 would shift risk back to downside for further fall to 1.2940-50 first.

To recap, wave B from 1.3066 is unfolding as an a-b-c and is sub-divided as a: 1.2192, b: 1.2716 and wave c is a 5-waver with i: 1.1983, ii: 1.2506, extended wave iii with minor iii at 1.0206, wave iv ended at 1.0781 and wave v as well as wave iii has ended at 0.9931, hence the subsequent choppy trading is the wave iv which is unfolding as (a)-(b)-(c) with (a) leg of iv ended at 1.0854, followed by (b) leg at 1.0108 and (c) leg as well as the wave iv ended at 1.0674. The wave v is sub-divided by minor wave (i): 0.9980, (ii): 1.0374, (iii): 0.9446, (iv): 0.9913 and (v) as well as v has possibly ended at 0.9407, therefore, consolidation with upside bias is seen for major correction, indicated target at 1.3700 and 1.4000 had been met and further gain to 1.4700 would be seen later.

New Post has been published on http://u.to/YpApDw

Commerce Concept: USD/CAD - Maintain lengthy entered at 1.3120

USD/CAD – 1.3138

Recent wave: Only wave v of c has ended at 0.9407 and wave C of major A-B-C correction is underway for headway to 1.4700

Trend:  Sideways

Original strategy       :

Bought at 1.3120, Target: 1.3300, Stop: 1.3060

Position: – Long at 1.3120

Target:  – 1.3300

Stop:- 1.3060

New strategy             :

Hold long entered at 1.3120, Target: 1.3300, Stop: 1.3105

Position: – Long at 1.3120

Target:  – 1.3300

Stop:- 1.3105

Although the greenback has retreated after faltering below Friday’s high at 1.3200, as long as 1.3105-09 holds, consolidation with upside bias remains for another rise, above said resistance would extend the rise from 1.2996 towards resistance at 1.3254 (last week’s high) but break there is needed to confirm recent erratic upmove has resumed and extend gain to 1.3300-10, then towards 1.3350-60.

In view of this, we are holding on to our long position entered at 1.3120. Only below 1.3070-80 would defer and prolong choppy trading, risk weakness to 1.3030 but only break of said support at 1.2996 would shift risk back to downside for further fall to 1.2940-50 first.

To recap, wave B from 1.3066 is unfolding as an a-b-c and is sub-divided as a: 1.2192, b: 1.2716 and wave c is a 5-waver with i: 1.1983, ii: 1.2506, extended wave iii with minor iii at 1.0206, wave iv ended at 1.0781 and wave v as well as wave iii has ended at 0.9931, hence the subsequent choppy trading is the wave iv which is unfolding as (a)-(b)-(c) with (a) leg of iv ended at 1.0854, followed by (b) leg at 1.0108 and (c) leg as well as the wave iv ended at 1.0674. The wave v is sub-divided by minor wave (i): 0.9980, (ii): 1.0374, (iii): 0.9446, (iv): 0.9913 and (v) as well as v has possibly ended at 0.9407, therefore, consolidation with upside bias is seen for major correction, indicated target at 1.3700 and 1.4000 had been met and further gain to 1.4700 would be seen later.

New Post has been published on http://u.to/YpApDw

Commerce Concept: USD/CAD - Maintain lengthy entered at 1.3120

USD/CAD – 1.3138

Recent wave: Only wave v of c has ended at 0.9407 and wave C of major A-B-C correction is underway for headway to 1.4700

Trend:  Sideways

Original strategy       :

Bought at 1.3120, Target: 1.3300, Stop: 1.3060

Position: – Long at 1.3120

Target:  – 1.3300

Stop:- 1.3060

New strategy             :

Hold long entered at 1.3120, Target: 1.3300, Stop: 1.3105

Position: – Long at 1.3120

Target:  – 1.3300

Stop:- 1.3105

Although the greenback has retreated after faltering below Friday’s high at 1.3200, as long as 1.3105-09 holds, consolidation with upside bias remains for another rise, above said resistance would extend the rise from 1.2996 towards resistance at 1.3254 (last week’s high) but break there is needed to confirm recent erratic upmove has resumed and extend gain to 1.3300-10, then towards 1.3350-60.

In view of this, we are holding on to our long position entered at 1.3120. Only below 1.3070-80 would defer and prolong choppy trading, risk weakness to 1.3030 but only break of said support at 1.2996 would shift risk back to downside for further fall to 1.2940-50 first.

To recap, wave B from 1.3066 is unfolding as an a-b-c and is sub-divided as a: 1.2192, b: 1.2716 and wave c is a 5-waver with i: 1.1983, ii: 1.2506, extended wave iii with minor iii at 1.0206, wave iv ended at 1.0781 and wave v as well as wave iii has ended at 0.9931, hence the subsequent choppy trading is the wave iv which is unfolding as (a)-(b)-(c) with (a) leg of iv ended at 1.0854, followed by (b) leg at 1.0108 and (c) leg as well as the wave iv ended at 1.0674. The wave v is sub-divided by minor wave (i): 0.9980, (ii): 1.0374, (iii): 0.9446, (iv): 0.9913 and (v) as well as v has possibly ended at 0.9407, therefore, consolidation with upside bias is seen for major correction, indicated target at 1.3700 and 1.4000 had been met and further gain to 1.4700 would be seen later.