USDCAD - Potential to run up to 1.3353 - 1.3407 in 12h DEPENDING
...on Whether the Red RSI in the 12h "closes" ABOVE 56."
One other thing to point out that I did not point out in the video: The Green Line is currently higher than the White Energy in the 4h and 6h. This could POTENTIALLY be a setup for future repeated higher highs and higher lows in the 4h and 6h time frame. So, there is a chance to run up to the Aqua/Orange UPPER BBands in the 12h. HOWEVER, let's not draw that conclusion just yet. FIRST, we must see the Red RSI in the 12h "close" ABOVE 56 in order to have a greater chance to push up to the Aqua/Orange BBands in the 12h time frame.
The purpose of providing this video is simply to show an example of how you would use my methods with a FOREX pair; such as USDCAD.
Happy Trading and as always.... Stay Awesome!
David
One other thing to point out that I did not point out in the video: The Green Line is currently higher than the White Energy in the 4h and 6h. This could POTENTIALLY be a setup for future repeated higher highs and higher lows in the 4h and 6h time frame. So, there is a chance to run up to the Aqua/Orange UPPER BBands in the 12h. HOWEVER, let's not draw that conclusion just yet. FIRST, we must see the Red RSI in the 12h "close" ABOVE 56 in order to have a greater chance to push up to the Aqua/Orange BBands in the 12h time frame.
The purpose of providing this video is simply to show an example of how you would use my methods with a FOREX pair; such as USDCAD.
Happy Trading and as always.... Stay Awesome!
David
Here's a look at the 4h, 6h, 12h and 24h time frames;