Long position valid on our strategy for GBPCAD - Price is still around our entry price. We simply, follow and leave - zero emotion. Regards Darren
it looks like USDCAD finally broke below the major rising trend line. sellers show their willingness to push lower. here are the next goals: 1.30 - 1.31 zone is the first support. it is based on structure and 618 of the major bullish weekly leg. 1.28 - 1.29 zone is the second support. it is purely based on structure. it looks like the market will soon reach...
USDCAD sell stop 1.36070 SL 1.36377 TP 1.35457 R= 30.7 pips If price reaches 1.35763, move SL to 1.36010
USDCAD trade I've had planned for a while. Short: 1.36527 Target: 1.36270 S/L: 1.36750 Risking 2%
Hello, my fellow traders, hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into the analysis. As we can see that the price has just hit its Resistance. One can take a sell trade. Let us know your views on this in the comment section. Thank you all. There is good news for our...
USDCAD bearish engulfing close Short: 1.35220 Target: 1.34860 S/L: 1.35426 Risking 2%
larger bear flag pattern formed and double top pattern also. looking for drop potential in downside. ThankYou
USDCAD buy stop 1.35149 SL 1.33580 TP 1.38281 R= 156.9 pips If price reaches 1.36722, move SL to 1.35463
Trading suggestion: . There is a possibility of temporary retracement to suggested support line (1.3525). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . USDCAD is in a range bound and the Resumption of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic...
USDCAD has given a breakout from Descending triangle pattern . it was big rally on downside and now it is trading at very support level or end of downside rally . according to chart pattern analysis we might see some upside correction in USDCAD from current price level . trade for upside can be initiated with proper risk management and stop loss. Thanks
MN-W1 price above ema-20/50/200. D1 price is above ema-200, price appears to be consolidating on as ema-20/50 are intertwining with consolidating falling wedge pattern. Price has bounced back several times from the high of 24-03-20, each time before reaching its price target a correction appears suggested by price trending above H4-ema-20/50. D1-MACD bearish...
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Hey, I am back with another Forex chart, today looking at USD/CAD pairs. As I said on Monday, I will from now on post a daily analysis each working day for Forex pairs, so don't forget to follow me for more! Some boring words. Major pairs have seen today strong moves as DXY has been showing some red moves so it's not that easy to find a good trade, because...
As price continues to accumulate at the keylevel of 1.3500, it will be key to watch for a break of the zone colored yellow for a quick swing trade of at minimum +100 pips of upside or downside potential. 22:29:11 (UTC) Thu Jun 4, 2020
A Triple Play on Baseball is when three baseman from the team on defense manage to eliminate three offensive players that are trying to reach their bases, closing the inning. We have an analog situation here on the USD CAD, where we have 3 setups on sight at the same time. The first one is in the daily chart, a Descending triangle in orange, that if manage to...