THE PRICE HAS BEEN REJECTED TWO TIMES ALREADY FROM THAT BUY ZONE.. BUT PRICE IS ALREADY OVERSOLD, SO WE HAVE 2 POSSIBLE SCENARIOS FOR THIS PARTICULAR PAIR. 2 ENTRYS WITH 3:1 RR
USDCAD reached its monthly trendline (open USDCAD line monthly chart after close to see that). Ity also reached monthly Camarilla bottom (R3 reversal level). RSI 21 oversold. It means BUY USDMXN (95.4 percent positive correlation) SELL CADJPY (97.1 negative correlation)
Hello Traders, let's take a look at the USD/CAD and take a look at our plan for the week ahead. This is interesting because we've seen the dollar strengthening against most pairs this week except the Canadian dollar which has been stronger than the US dollar. USD/CAD is breaking down into this downtrend and is closing near the lows. That's interesting. I really...
oil bullish expected ( wont be trading on Wednesday high volatility expected) -check out my previous analysis on gold
CADCHF Disclaimer - I could be wrong/Trade at your own risk...
AUDCAD Disclaimer - I could be wrong/Trade at your own risk...
The pair has been consolidating all week into a wedge pattern. The 83.20 region has come back into play as resistance. As we can see with both the RSI and MACD, they have both begun to diverge. This indicates to me that this should break downwards. Best of luck!
hey traders, this is an update for my previous post on USDCAD . Pair is currently entering the identified zone of demand and we see a formation of a dodji candle in conjunction with oversold rsi . for many sellers, it is a very important warning and I think that many of them will close their selling positions. while structure traders are opening...
This pattern is complete and confirmed with divergence. RSI also starting to show higher highs Entry: 1.313 Target: 1.139 Stop: 1.310 Dont forget to like the post, and comment with your thoughts below! May God bless
ENTRY: 0.83750 TP1: 0.83450 TP2: 0.83200 TP3: 0.8300 SL: 0.84130 Chart time frame - 4h Time for reaching TP - 3 - 48h Follow, Like, Share or Comment Thanks on supporting! All best!
Diamond top formed on CADJPY, bulls have run out of steam. We have also hit the up-channel oblique resistance as well as the weekly sideways resistance for a nice double top. SHORT> (excuse the messy chart)
hey traders, this is an update for my previous post on USDCAD. Pair is currently entering the identified zone of demand and we see a formation of a dodji candle in conjunction with oversold rsi. for many sellers, it is a very important warning and I think that many of them will close their selling positions. while structure traders are opening...
The EUR/CAD on the hourly time frame has been following a downtrend recently. The price dipped below the key level of 1.46000 on 22 October to reach the lowest level of period under study at 1.45073. Bears are pushing the price lower as key technical indicators are supporting the bearish trend. The price action in the currency pair is mainly driven by the recent...
Have set a buy limit order on USDCAD nice doji candle formed at a diagonal weekly resistance We will see how this plays out.
CAD/CHF SELL LIMIT & 1 Market Execution ENTRY 1 .75890 ENTRY 2 .76080 Sl .76279 Tp.1 .75660 Tp.2 .75240 Tp.3 .72840