Hey Traders, in tomorrow's trading session we are monitoring NAS100 for a selling opportunity around 14600 zone, NASDAQ is trading in a downtrend and currently seems to be in a correction phase in which it is approaching the major trend at 14600 support and resistance zone. Trade safe, Joe.
Hey Traders, in tomorrow's trading session we are monitoring NZDCAD for a selling opportunity around 0.82800 zone, NZDCAD was trading in an uptrend and successfully managed to break it out. currently we are waiting for a correction to see a potential retrace of the trend from 0.82800 support and resistance zone towards more lows. Trade safe, Joe.
The CAD/JPY currency pair has been exhibiting sustained growth across various timeframes due to its significant correlation with USD/JPY. Notably, the USD/JPY pair has been experiencing a robust bullish trend, exerting downward pressure on the JPY and creating favorable conditions for the CAD to appreciate. A recent development of note is the price breakout of the...
Hey Traders, in the coming week we are monitoring AUDCAD for a selling opportunity around 0.89400 zone, AUDCAD is trading in a downtrend and currently seems to be in a correction phase in which it is approaching the major trend at 0.89400 support and resistance zone, i would also keep an eye on the stock market to confirm the bias as AUDCAD does correlate...
-SL @ 0.9945 🚫 SLO @ 0.9866 ⏳ TP4 @ 0.9800 (closing ALL Buy Orders) TP3 @ 0.9625 (shaving 25%) TP2 @ 0.9340 (shaving 25%) TP1 @ 0.9150 (shaving 25%) BSO @ 0.8890 ⏳ -SL @ 0.8800 🚫
- Ascending triangle; looking for breakout above resistance level 102.95 - In line with overall bullish trend - Strong rejection at support zones - Indicators showing potential for bullish movement
Hey Traders, in today's trading session we are monitoring USDCAD for a buying opportunity around 1.35600 zone, USDCAD was trading in a downtrend and successfully managed to break it out after a bunch of positive USD data. currently we are waiting for a correction to see a potential retrace of the trend towards more upsides. Trade safe, Joe.
Instruction: 1)The Relative Strength Index (RSI) shows that the asset is temporarily overbought/oversold, suggesting a possible trend reversal. 2)The Bollinger Bands indicator shows that the asset is currently in an upper/lower resistance/support zone. 3)The Stochastic Oscillator (Stoch) in forex helps identify buying and selling moments based on a comparison of...
Hello traders Usd/Cad we might get a nice swing opportunity it can take few days or weeks 1.37180 a sponsership move we can get 1 to 3 rr even 1 to 2 rr is extremely good lets get it let me know what you think.
EURCAD is trading on a key horizontal resistance. To short the pair with a confirmation, watch a descending triangle formation on 1H time frame. If the price breaks its neckline, that will give us a trigger to short. To confirm the violation, we will need an hourly candle close below 1.4607. A bearish continuation will be expected to 1.4579 / 1.4555 ...
Hey Traders, in today's trading session we are monitoring NZDCAD for a selling opportunity around 0.83800 zone, NZDCAD is trading in a downtrend and currently seems to be in a correction phase in which it is approaching the major trend at 0.83800 support and resistance zone. I would also keep an eye on the stock market to confirm the bias as NZDCAD has a positive...
Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. on DAILY: Left Chart NZDCAD has been overall bearish trading inside the falling channel in orange and now it is sitting around the upper orange trendline again, so we will be looking for sell setups on lower timeframes. on H1: Right Chart For the bears to take over, we...
Possibilities of price reversal from resistance areas
On GBPCAD, we have a primarily bearish setup with a price that attempted to change its structure on Friday without success. This morning, the price created a short setup with the entry point highlighted in yellow. All of this follows the Forex48 strategy. Let me know what you think. Happy trading to everyone. Forex48 Trading Academy
On CADJPY, we have a price that, after a bounce around 102.70, has returned to the level of 102 where we have a relatively insignificant demand zone. Coming down from a supply zone, the price has formed an interesting Point of Interest (POI) with spike convalidation, meaning it has formed a bearish setup with an entry at 102.54 level. Let me know what you...
Hey Traders, in the coming week we are monitoring CADCHF for a selling opportunity around 0.66700 zone, CADCHF was trading in an uptrend and successfully managed to break it out. currently CADCHF is in a correction phase in which it is approaching the retrace area at 0.66700 support and resistance zone. Trade safe, Joe.
Hey Traders, in the coming week we are monitoring USDCAD for a buying opportunity around 1.34600 zone, USDCAD is trading in an uptrend and currently seems to be in a correction phase in which it is approaching the major trend at 1.34600 support zone. Trade safe, Joe.
usdcad this week was so annoying for me because although I predicted every leg, it hunted me 2 times and didn’t open my position once. now it got 2 QM setups, one for short and one for long. hope to not dodging