Hello traders, USDCAD is in a three-wave drop for a wave 4, a temporary pause within the bigger, bullish trend with possible support at the Fib. ratio of 38.2/50.0 (1.322/1.3185 zone). A sharp, and strong recovery towards the 1.332 high would suggest a wave 5 to be underway. Trade well
Short it. Do not hesitate to take some partial profit on the way down. Godd luck.
this is usdcad as i see sell continuation from. see my old analysis which i will tag below .....so we see wedge pattern forms tellin us a sell continuation *Disclaimer* the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if...
Entering on price action confirmation and other confluences
Here you are an easy and simple view of USDCAD. I am expecting the OIL price to go up, so we all know OIL up = UC down righ? Do you need more confirmation of cuorse, so look at chart. Weekly resistance, marked in black, divergence, marked in red, trendline, marked in black (you could wait for a break of that) and the target is green. Easy right? So, i hopes that...
The pair has broken the daily ascending trendline, opened this week with a gap now filled and retested the ascending trendline. All on chart :)
Folium is very weak, and no support and price resistance has been formed, but it will go down to the stronger support and go higher.
Message me for entries on this trade 23:43:35 (UTC) Sun Jan 12, 2020
See related USD/CAD trades linked below, 10:22:27 (UTC) Mon Jan 13, 2020
He reached the resistance and did not breach the price, and will fall to the support continuously
you can buy this pair when complete the AB=CD pattern. Good Trade EK_analysis
USDCAD sell stop 1.32451 SL 1.33102 TP 1.31149 R= 65.1 pips Si el precio llega a 1.31805, mover SL a 1.32329
Hi, Red box / sell area consists of: 1) Double Fibonacci retracement level 38% and 62% 2) Daily EMA200 3) Previously worked support levels turn to resistance 4) 2014/16/17 low turn to resistance 5) Several Fibonacci Extensions 6) AB=CD 7) Wait for a bearish candlestick pattern Do your own research and please, take a second and support my effort by hitting the...