CAD - BULLISH
1️⃣ Prime Minister Trudeau unveiled a plan to help the economy recovery from the coronavirus fallout, including a commitment to extend wage subsidies until next summer, and support for industries hardest hit by the pandemic.
2️⃣ The upbeat market mood at the start of the week seems to be making it difficult for the safe-haven USD to find demand.
CAD / CHF when we look at the monthly timeframe, we can see that a proper retest has not been done. So we can definitely expect this pair to go long. Before that, the price should be lowered even more.
Hello Friends! I hope "CADCHF" will go Short 'Sell' position and touch S1 then some correction. After her correction, it will touch S2 and S3.
CADCHF - Sell
=> Entry Price: 0.68912
=> Stop Loss: 0.69506
=> Take Profit1: 0.68306
=> Take Profit2: Open
You will take only 1-2% risk for all running entry
You will try to give an alert when need...
The price action shows a bearish bias with the Canadian dollar. However, only if the price can break through the demand zone and retest the level will allow the pair's short entry.
S/L: 23 pips - R:R | 1:3 -
T/P: previous support level
*** If you like the idea, don't be shy, click on like and comment. If you disagree, just...
CAD - BULLISH
1️⃣ The Canadian dollar appreciated further, supported by higher oil prices and a weaker dollar.
2️⃣ News that Novavax Inc had reached an agreement with the Canadian government to supply up to 76 million doses of its experimental coronavirus vaccine lifted investors’ sentiment.
3️⃣ The Fed’s dovish signal, the risk-on mood continued weighing on the...
Hello my friends,
I hope you all enjoyed weekend. I just checked some pairs for September trading plan and this pair looks very interesting to me.
This pair not yet filtered by my screener but i think it will soon come to my sell position screener.
What i am waiting for now, is a confirmation that price break below the ascending support line with a solid candle...
After the price action reaching the supply zone, and getting a rejection from sellers, we could expect a downward movement back to the demand zone. This consolidation within the channel allows the setup of a short order to capture the pair's forthcoming downtrend.
S/L: 18 pips - R:R | 1:2 -
T/P: demand level
*** If you like the...
With the price action trading within an ascending channel, the bullish bias exists. Allowing the setup of a long entry to capture the upward momentum towards the channel's resistance level.
Expecting a pullback to trigger the buy limit entry
S/L: 18 pips - R:R | 1:3 -
T/P: resistance level
*** If you like the idea, don't be shy,...
- Price consolidating inside our breakout box.
- The entry will be according to the side that price breaks.
- If price breaks very impulsively, wait for the retest of this zone and then enter.
- Preço a consolidar dentro da nossa box.
- A entrada será de acordo com o lado da quebra da mesma.
- Se o preço quebrar impulsivamente, procurar por um...