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Nima Azadi
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Nima Azadi has been engaging in financial markets for over 10 years. His experiences vary from investing and trading in the Tehran Stock Exchange (TSE) and Foreign Exchange Markets to mentoring and consulting on the technical aspects of financial analysis. He is frequently quoted in the Iranian... More
My book:
Duel with the Trend
  • USD/CAD Technical Outlook - 2 1 comment
    Nov 10, 2013 6:49 AM | about stocks: FXC

    In our last analysis, we correctly identified an excellent buying opportunity in the bottom of the trading channel which yielded about 300 pips.

    Now and taking into account the bearish formations being observed, we favor the Greenback to go south against the Loonie. We expect the pair to trade lower from current levels down to the channel bottom.

    (click to enlarge)

    Disclosure: I have no positions in any stocks mentioned, but may initiate a long position in FXC over the next 72 hours.

    Themes: USD/CAD, Loonie Stocks: FXC
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  • ramin 60
    , contributor
    Comment (1) | Send Message
     
    thanks mr azadi......Pattern Head and shoulders for time frame
    16 Nov 2013, 07:15 AM Reply Like
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