USDCAD could rise towards an overlap resistance and potentially reverse off this level to drop lower. Sell entry is at 1.36126 which is an overlap resistance. Stop loss is at 1.3710 which is a level that sits above the 61.8% Fibonacci projection level and the recent swing-high resistance. Take profit is between 1.3507 and 1.34841 which is an overlap level. ...
USDCAD is falling towards a pullback support and could potentially bounce off this level to climb higher. Buy entry is at 1.36034 which is a pullback support that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 1.34850 which is a level that aligns under an overlap support level and a recent swing-low. Take profit is at 1.37331 which is a...
USDCAD is falling towards the buy entry at 1.35673 which is an overlap support and could potentially reverse from this level to bounce higher. Stop loss is at 1.34852 which is an overlap support level that sits below the 23.6% Fibonacci retracement level. Take profit is at 1.36545 which is a multiple swing-high resistance level. High Risk Investment...
RESISTANCE @ 1.3354 SLO @ 1.3340 ⏳ TP1 @ 1.3333 (closing ALL Buy Orders) BSO @ 1.3265 ⏳ (pending) SSO @ 1.3245 📉 (triggered) SUPPORT @ 1.31175
-SL @ 1.36681 🚫 SLO2 @ 1.3620 ⏳ SLO1 @ 1.3525 ⏳ (half position) TP1 @ 1.3350 TP2 @ 1.3215 TP3 @ 1.2980 TP4 @ 1.2833 BLO @ 1.2795 ⏳ -SL @ 1.27278 🚫 00:00 PRE CAD NEWS 00:58 Boost, Follow, Comment, Join 01:40 Technical Analysis 02:54 Fundamental Analysis 05:42 Curve Analysis 07:42 News Anticipatory Trend 08:08 Risk-to-Reward 09:44 LIVE STREAM @ 05:15 PT / 08:15 ET 🔥
AS mentioned last week. We came right down into the gap highlighted last week. Beautiful reaction off there. Video shows a breakdown of what I was looking at today on a 1min chart I did long the position but i will not be holding for the whole 2800 pips. First of because thats crazy haha and 2ndly I have nearly hit my target on the prop account I'm trading it
In this update we review the recent price action in the USDCAD and identify the next high probability trading opportunity and price objectives ot target
in this update we review the recent price action in the USDCAD and identify the next high probability trading opportunity and price objectives to target
In this update we review the recent price action in the USDCAD and identify the next high probability trading opportunity and price objective to target
A 'sell' opportunity just presented itself on the euro-loonie trading chart following the bearish inverted pin bar at the end of the bullish run just below the 1.37664 daily horizontal resistance level. If you enter this trade at 1.37482 and put your stop at 1.37787 (about 30.5 pips) and target at 1.35355 (about 212.7 pips), you could be looking at a...
DXY still bullish and expecting price to hit 103 in the coming weeks. So all bullish Dollar on Majors.
A long trade opportunity recently presented itself on the CADCHF trading chart. This is signalled by a bullish harami candlestick pattern just above the 0.73580 horizontal support level. Depending on when you enter this trade, you could expect a reward-to-risk ratio of 3.73 with SL at 0.73549 and TP at 0.74519
Is USDCAD Ready for a Short Trade | Swing Trade Idea I see that USDCAD has been in a mild down trend on the daily chart It has created a range and a downward channel. Can we Short the USD/CAD now?
Fib channels and fib retrace. Monthly tippy tops and bottoms in light white. Last Month's Top Bottom in White. This and previous week top in blue. Last week's close in dotted blue. I'm bullish Dollars. Bearish oil.
The Loonie is also weakening near the bottom of the G10 ranks along with the Aussie and Kiwi that has failed to glean any lasting traction from firmer than forecast CPI or the fact that the Aud/Nzd cross remains top-heavy above 1.0700. Usd/Cad is back above the 1.2700 handle, Aud/Usd under 0.7750 and Nzd/Usd sub-0.7250 all awaiting the FOMC, though the latter also...
USDCAD Multiple Time Frame Analysis and Trade IDEAS Daily or Swing Trading Opportunity: Time Frame D1 or 12Hr Chart The daily chart is showing a completed ABC zigzag pullback. I like to call this the PC pattern We have opportunity both on the D1 chart to take the Next Wave 5 Down within this Wave 3 down Also there is a potential opportunity for he Intra-Day...
A few days ago I saw this setup and its still intact. Title of Previous Idea was : USDCAD Will it lift off? that question is still in tact. and so we still ask, will it go to the moon?