FX:USDCAD BAT: Point B: 38.2% to 50% XA Point C: 38.2% to 88.6% AB Point D: 88.6% XA Targets: TP1 38.2% AD TP2 61.8% AD BUTTERFLY Point B: 78.6% XA Point C: 38.2% AB 88.6% AB Point D 161% ext BC 261% ext BC Targets: TP1 61.8% CD TP2 127% CD
USDCAD after double bottom, its better to go long
Consolidation Break Out......consolidation formation structure, double bottom.... Trade Entry sorted...... Let Price do its magic.
SEEMS LIKE WE ARE TESTING SUPPORT LEVELS AFTER BIG BREAK ABOVE PATTERN TREND LINE, SEEMS LIKE BULLS WILL BE BACK IN PLAY. LETS SEE HOW THE WEEKLY CANDLE WILL CLOSE
The USD has spent most of Monday recovering and although progress has been subdued on USD/CAD there are reasonable signs that a swing low may be in place at 1.38 area. Price sits just above the 38.2 fib of last weeks range and a LONG trade here (I'm in at 1.3834) looks a to have a decent chance though I'm not loving it. Tight STOP at 1.3804 for a 30 pip risk with...
1.41022 USD/CAD: 3.Target (2676 Chance) 1.40162 USD/CAD: 2.Target (1816 Chance) 1.39771 USD/CAD: 1.Target (1425 Chance) 1.38346 USD/CAD: last Price 1.36369 USD/CAD: last Support (1977 Risk) You can use the support levels as stop-loss price level. And alle 3 targets also even as take profit price leves too, if you want. But take care! Think about it - and...
RECOMMENDATION: SELL SUMMARY: The secondary trend of USD/CAD is bearish on charts and price is trading below the trend line in its daily chart. In daily chart the price is sustaining above 200 day SMA and taking resistance of 50 day SMA indicating downtrend of the pair. It is having an important resistance at the level of 1.4100 and support at the level of...
1.41022 USD/CAD: 3.Target (2576 Chance) 1.40162 USD/CAD: 2.Target (1716 Chance) 1.39771 USD/CAD: 1.Target (1325 Chance) 1.38446 USD/CAD: last Price 1.36369 USD/CAD: last Support (2077 Risk) You can use the support levels as stop-loss price level. And alle 3 targets also even as take profit price leves too, if you want. But take care! Think about it - and...
After being in a flat correction for the last few days it's time to keep going up after the last impulse and the continuos divergences in the downtrend.
1.41022 USD/CAD: 3.Target (2576 Chance) 1.40162 USD/CAD: 2.Target (1716 Chance) 1.39771 USD/CAD: 1.Target (1325 Chance) 1.38446 USD/CAD: last Price 1.36369 USD/CAD: last Support (2077 Risk) You can use the support levels as stop-loss price level. And alle 3 targets also even as take profit price leves too, if you want. But take care! Think about it - and create...
Bullish Cypher pattern USD/CAD 60 Min Waiting for the price to drop down into the 78.6% retracement from X-C leg.( 1.3766 ) to complete this Cypher. Stoploss placed well below X, Take profit target 1 @ 38.2% retracement and Take profit 2 @ 61.8% retracement from C-D. Let me know if this was helpful, and please like and follow !
SUMMARY: The secondary trend of USD/CAD is bullish on charts and price is trading above the trend line in its 4 hourly chart. In 4 hourly chart the price is sustaining below 200 day SMA and taking support of 50 day SMA indicating uptrend of the pair. It is having an important resistance at the level of 1.3997 and support at the level of 1.3883. If it breaks its...
SUMMARY: The secondary trend of USD/CAD is bullish on charts and price is trading below the trend line in its hourly chart. In hourly chart the price is sustaining above 50 day SMA and taking support of 200 day SMA indicating uptrend of the pair. It is having an important resistance at the level of 1.3980 and support at the level of 1.3840. If it breaks its...
Buy after 1.3880 Sell after 1.3880 Our MQL : www.mql5.com Our Facebook : www.facebook.com Our Vkpage : vk.com
Fundamentals: - Mixed data from Canada last week with a tick up in unemployment and worse than expected employment change. However the rally in Oil did help the Canadian strengthen for a period of time last week. I don’t think the Canadian can maintain a positive rally, once the data starts to be absorbed by the market we should see this pair return to the upside...
Buy Limit 1.367 SL. 1.357 TP. 1.381 1.387 1.393 1.399
Buy @ Market 1.3764 SL. 1.372 TP. 1.38 1.383 1.387