USDCAD LONG ENTRY LEVELS, EURO SESSION ONLY

20 jul 2016

More chances for a bullish continuation, what is confirmed by a recent multi time frame price action research, and important level zones


NEXT WEBINAR (LONDON TIME): 20/07/16 10:00 youtube.com/watch?v=9SnGDVWRdXA

How to use levels - 1. Wait till the level is reached, 2. Reversal pattern, 3. Confirmation , 4. Entry, 5. Target (intraday) is a last level on the direction mentioned with arrows.







Currently there are no clear patterns on a chart (it doesn't mean that there are no level limit entries and places for stop entries)

We also have to review the range of the closed period comparing to the previous set of periods, hours, weeks, months, etc... Here, I'm showing you a range compared to 6 and 3 previous periods, NR means Narrow range, WR means wide range, the number displays a total periods reviewed, if the NR is displayed, high possibility of the range expansion, in WR case it can be opposite. at the moment here's the situation:

1W NR4
1M NR4
1M NR7


Also I have decided to share a Levels, that take time to count, and you can use them as a bounce levels in a direction you trade:
Option level R4 1.34228
Option level R3 1.32449
Option level R2 1.31577
Option level R1 1.30715
Option level S1 1.29878
Option level S2 1.29038
Option level S3 1.28208
Option level S4 1.26583

Session (current session only) levels:
r3 1.30730
r2 1.30565
r1 1.30399
p 1.30282
s1 1.30116
s2 1.29999
s3 1.29833

I really hope that sharing of my routine with you, will help you in your trading.

Also I really hope that in respect to my hard work, you will take time to use the data I share, you will put the levels on a chart, and will apply it to your trading.

Sincerely
Arturs Jermolickis
[e-mail]
skype: marenno.business
A short - government required disclaimer:
I’m not providing any advice, and I do not guarantee any profit. What you see here is only a share of my view of the market.