CANADIAN DOLLAR – OIL vs FIBONACCI…

CANADIAN DOLLAR  –   Back Today on ATA Research Radar 

ATA Continuation of…

2019

5.06.2019 – CANADIAN DOLLAR – between FED-BoC & OIL DANCE…

CANADIAN DOLLAR  Master Motives

The Bank of Canada ( BoC ) Verdict – April 2021

held Target for Bank Rate at 0.50% and the Deposit Rate at 0.25%

and

OIL Active Bulls Wave Master Psychological Key Level 60 USD

with

USD FX MASTER TRIGGER

USD F/X  Global Master Currencies Pathfinder

USD BEAR WAVE  Stopped after Fed Minutes

After DXY Dynamic Fall – Green Bulls Contraction – Back above Master Psychological Key Level 90 

and

CANADA – US &  Global Trade & Economy Recovery after Pandemic – Locdowns

with

FED Mega ” CENTRAL PRINTING “

vs

FED First Tapering Signals

and

Biden Stimuls Ecstasy

but with

Virus Mutation – Now special India

vs

COVID Vaccines Global Hope

with

still Active

Clear Risky Motive

Roubini ‘Dr. Doom’ Mega Warning

10-year Depression is coming… investors far too confident about a possible recovery…

vs

COVID-19 Vaccines Hopes 

CANADA – US – Global Recovery Hopes 

created by Mainstream

with

Afterpandemic New Reality 

Global Economy Reopen

K – Recovery Scenario Mainstream Projections 

BoC-PBoC-FED-BOJ-ECB-BoE-Biggest ever Black Swans

Minsky Moment Flat Money “Printing” System

vs

Coronavirus “Ugly Duckling”-Trigger

First…ATA from  5.06.2019

Long Term M Patterns

Master – Key Level  1.4700 Zone 

( January 2016 Top )

Present – Key Level  1.3650 -30 

( April 2017 – December 2018 )

with

FIB RET 61.8% 1.3478 and 78.6% 1.4677 – All  Big Wave Down

( 2002 – 2007 ) “

Present  CANADIAN DOLLAR  Situation 

USD/CAD SECULAR – LONG TERM  ACTION

ATA MIND OVER MARKETS

Charts Worth more than 1000 Words

Charts have No Temperature

Charts always show Reversal Pattern First ex ante

Bullish Bearish Divergences – Hidden Key to Reversal

Markets Never Wrong vs Often Mistaken

Hope is Not a Strategy 

Follow the Trendlines  Not the Headlines 

Failed Signal is the Strongest Signal

Invest – Trade vs Don’t Forecast

Secular/Long Term View shows the Truth

ATA MARKET MODEL 

First…Market Motive…

Second…Market Technical Pattern…

Final…INVEST & TRADE – DON’T FORECAST…

First…Key Motives

above in this text…

Second…Market Technical  Patterns 

Secular & Long Term  View 

First of All

After Activated

Master Long Term M PatternKey Level  1.4700 Zone 

( January 2016 – March 2020 )

2B – Key Level  1.4000 Zone  ( stricte 1.3970 ) – Line Chart

and

Bear American Dollar Strong Wave

Now dominating

USD Bear Wave

vs

Present Testing 50% Fib Ret Zone Last Long Term Bull USD Wave

( 2011 – 2016 Years )

Master Key Level 1.2050 Zone

with

Present USD Contraction to Higher 1.21 Key Level

but with

Open Option Test Lower Psychological Key Level 1.20

vs

May Monthly Bear Candlestick

Monthly MACD Sell Signal

ATA  USD/CAD  Investment Conclusion 

Focus carefully  Final Result of  Testing 

50% Fib Ret Psychological Key Level 1.2050 Zone

and

Open Option Strike to Lower Psychological Key Level 1.20

ATA Wall Street Maximes

MAJOR TOPS  WERE ALWAYS CREATED

on

SUPER GOOD NEWS

with

EUPHORY PHASE

vs

MAJOR BOTTOMS  WERE ALWAYS CREATED

on

SUPER NEGATIVE NEWS

with

PANIC PHASE

Market Trend always changed when Mainstream Media created 

One Slogan ” No Chance for Change “…

that’s why

Charts show you  Reversal Pattern First  ex ante…!!!

N- TIMES

Risk strikes Fast…

Chart is More Important than 1000 Words…

&

Most Important s Final Smart Money Reaction…

EOM – Now  May

USD/CAD  Monthly  Weekly & Daily Charts

5.06.2019

USD-CAD - M - Line
USD-CAD - M
USD-CAD - W
USD-CAD - D

USD/CAD  Monthly  Charts

20.05.2021 – Start European Session

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