On the H4, with price moving above the ichimoku cloud, we have a bullish bias that price will rise from our 1st support at 1.30064 where the horizontal pullback support is to our 1st resistance at 1.30799 in line with the horizontal swing high resistance. Alternatively, price may break 1st support and head for 2nd support at 1.29529 where the horizontal pullback...
Hey traders, in today's trading session we are monitoring USDCAD for a long term selling opportunity around 1.31 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
CADJPY on the 4h chart is trading at the recent highs.
The market after a few test of the top started a range trading and bounced on the lower support for a test of the 0,382 fibonacci level.
How can i approach this scenario?
I will wait for a potential break of the structure and if the price will satisfy the Plancton's strategy i will set a nice short order...
Hello to our subscribers and the TradingView community welcome to Wednesday’s update. With oil tumbling and the USD jumping, we can only think of one pair that benefits from those two moves. The USDCAD is highly driven on both fronts, and the CAD is a commodity currency that generally tracks oil’s fortunes. The USD, well yeh enough said.
Last night we saw key...
Shared a GBPCAD idea earlier.
This idea is an update for the earlier idea.
The idea covered a short trade which has now closed after hitting TP.
We now have along trade which is running.
Gren printed trade label show all details required about the long trade.
Green lines are TP and purple lines are SL.
Trade has gone close to SL but lets see where this...
Hey traders, in today's trading session we are monitoring NZDCAD for a selling opportunity around 0.80100 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (105.56).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. CADJPY is in a range bound, and the beginning of a downtrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
Trading suggestion:
". There is still a possibility of temporary retracement to the suggested resistance line (105.56).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. CADJPY is in a range bound, and the beginning of a downtrend is expected.
. The price is above the 21-Day WEMA, which acts...
Hey traders, in today's trading session we are monitoring EURCAD for a selling opportunity around 1.339 zone, once we will receive any bearish confirmation the trade will be executed.
Trade safe, Joe.
POW EDGE in use on this idea.
Working CADJPY on the 15M time frame.
We have a short trade in progress.
Printed labels show all trade details and we are working to TP3 target.
Green lines are TP and red lines are SL.
Stats for the strategy can be found at the base of this idea.
Stats are based on 1% risk per trade.
Progressing well but trades not over...
GBPCAD is currently in a big ABC correction. We saw a really complex midsection (wave B).
We are now looking for bullish price action to catch wave C, which is going to be a massive 2500pips.
Trade Idea:
- we are currently seeing a brief retracement on lower timeframe. Watch for that to complete and bullish price action to appear
- When bullish price action...
Hey traders, in the coming week we are monitoring AUDCAD for a buying opportunity around 0.875 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
Ascending channel formed on the 4H, price action has bounced off 618 fib level on the daily and we have seen a clear retest of 104 zone
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Happy Charting!
