FX:USDCAD   U.S. Dollar / Canadian Dollar
Sell Scenario 1 (H1 Chart)

We don’t yet have a clear trend line but if the pair consolidates before pushing higher, we will use the low to draw our most recent bullish trend line . Once price reaches the 1.3210 level, we can start looking for the breakout below the TL.

Stop loss – above last high created.

Target 1 – 1.3100.

Target 2 – 1.2960.




Sell Scenario 2 (H1 Chart)

Second way to attack this sell opportunity is to sell with the completion of bearish divergence. Price must reach the magnetic zone first of, then we want to see bearish divergence completing itself and a bearish candlestick pattern. This is when we might sell.

Stop Loss – above most recent high.

Target 1 – 1.3100.

Target 2 – 1.2960.
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
ประเทศไทย
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out