jolicoeur342
Short

USDCAD - SELL SETUP (SHORT TERM)

FX:USDCAD   U.S. Dollar/Canadian Dollar
722 15 14
CANADIAN NEWS at 8:30 AM (NEW YORK             SESSION), I'm expecting the CAD news to be BULLISH for CAD because every CADxxx is looking really bullish on a support, and xxxCAD looking bearrish on a RESISTANCE. So simple trade with a TIGHT SL!
--
Lets see that will happen with this news if we are wrong we will be negative about 30 PIPS but if we are right we will make around 170 PIPS profit!
-
Make sure to LIKE and FOLLOW if you agree with this idea! Thanks alot, I will also make sure to answer every comments below!
Hashimato_pip
3 months ago
why employment change will be positive?
+1 Reply
jolicoeur342 PRO Hashimato_pip
3 months ago
News normally follow the trend, and the last one was so negative this one wont be easy to beat lol!
Reply
Hashimato_pip jolicoeur342
3 months ago
But the trend is upwards and near to resistance.
Reply
Damoc1
3 months ago
Would this affect the AUD/CAD as well as the USD?
Reply
Blero
3 months ago
usdcad formin W on daily chart shoulde be trend countinuing
+1 Reply
faylee
3 months ago
yes! agreed!
+1 Reply
sachin888
3 months ago
after news entry will be good.
+1 Reply
-Andrew- PRO
3 months ago
Why short? look at the daily chart - Resistance is quite far
Reply
sachin888 -Andrew-
3 months ago
yes exactly usd is not week too
Reply
jolicoeur342 PRO -Andrew-
3 months ago
snapshot

i dont see no engulfing, USDCAD broke the midway resistance but never re-test, just did now we might see this last push down lets see
Reply
jolicoeur342 PRO -Andrew-
3 months ago
Rate was bad you were right!
Reply
-Andrew- PRO jolicoeur342
3 months ago
Why was this USDCAD trade removed from your telegram? - I mean not all analysis is 100% right, but good to show some transparency as well
+2 Reply
jolicoeur342 PRO -Andrew-
3 months ago
I said SL hit, i just dont want people to get in there
+1 Reply
Marz14n
3 months ago
USDCAD forming triangle on 4h chart. Even if it's H&S, need to wait for neckline to be broken. Even if it is broken, the current trendline is right under that, limiting possible downside. Maybe if it breaks under the trendline, it will break lower to 1.1268. I think the pattern is possible but completion is yet to be seen.
Reply
vicky13
3 months ago
its okay bro ....your other strategy nice......
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out