Hi there. Price is moving impulsively to the downside. Wait for the price to form a continuation pattern and watch strong price action for sell.
Hi there. Price is forming a continuation pattern to the upside. Wait for the price to complete the pattern and watch strong price action for buy.
Hi there. Price is moving impulsively to the downside. Wait for the price to form a continuation pattern and watch strong price action for sell.
NEW SIGNAL SHORT, sell Entry: 1.3182 Target: 1.3 (+180 pips) Stoploss: 1.3215 (-35 pips) Risk: Reward = 1:5 This was originally posted to our VIP telegram on 08:18 CST, Nov. 1st. See related idea below
4H CHART EXPLANATION: We observe that price is consolidating on a corrective structure below the Broken Ascending Trendline. Now we will wait for a breakout and a bearish movement towards the Support Zone at 0.74500. If this zone is broken, then there is potential to reach the Support Zone at 0.7300. DAILY CHART EXPLANATION:
At the moment on EURCAD bulls are trying to break through 1.47 major resistance level. In case of a confirmed bullish breakout, odds are high that we will see a bullish continuation. The key levels of resistance will be 1.48 and 1.49.
Welcome to our weekly trade setup ( CADJPY )! - 1 HOUR Very bearish market this week! 4 HOUR Slowing down price action at our previous support zone. DAILY Great long entries with high probability turn to the upside shortly. - FOREX SETUP BUY CADJPY 1ST ENTRY @ 82.280 2ND ENTRY @ 82.010 SL @ 81.558 TP @ 83.076 RR: 1.1 / 2.35 Use 0.5% risk per Entry! (Remember...
Aud Cad just touched for a second time a flip zone which was already a point of a drop ...can we see a second reaction now... depending on daily close i would consider a short position here.. Plan B in case of a clear upward break we look for retest of flip zone to get into a long ... I prefere the short for now .. have great Hallllloooweeeeennnn everybody ! ...
USDCAD Running on up trend line and even pass 50% fibo retracement on the last impulsive bullish wave Gann Box shows very important clear levels , the most important 78.6% fibo ( 1.3278) if volatility will be increased more so price should continue to HVN
ENTRY: 83.100 TP1: 82.800 TP2: 82.500 TP3: 82.300 SL: 83.550 Chart time frame - 4h Time for reaching TP - 3 - 48h Follow, Like, Share or Comment Thanks on supporting! All best!
We can see that USDCAD's price has broke through the cloud above. Most likely with NFP tomorrow, USDCAD can continue long for a buy.
CAD/JPY is currently sitting at a Support zone, and has formed a bullish momentum divergence. Take Profit Level 1 is at the next Resistance zone, while Take Profit Level 2 is at the subsequent one. TP1 is a quick scalp, TP2 is a long-term movement that will take days/weeks to play out. Stop loss depends on your RR ratio, account size etc. I have a fairly tight...
Nice 1.75 riskreward ratio, plus a double entry for potential gains even with if it bouncing of the prior support level for a reversal.
This is my first time trading this pair i will be playing my tricks on this. But for my knowledge this is a long for me. If you have the same idea as me. You can Go long with me.
Entry --> 1.3214 Stop Loss ---> 1.3180 Take Profit--> 1.3292 Risk/Reward --> 2.33 Please Comment, Like, & Follow! This information is not a recommendation to buy or sell. It is to be used for educational purposes only.