Canadian Dollar, USD/CAD Price Analysis As the US Dollar has continued to fall, USD/CAD has continued with strength. This highlights how the Canadian Dollar has recently been even weaker than the US Dollar. Can USD/CAD break out to fresh highs? USD/CAD Rallies into Resistance It’s been a continuation of fear so far through this week, with a possible turning...
As described above, im doing this analysis just for education purpose, and taught on possible market trap movement before NFP. I believe there will be many retail traders not realize it and taught that this maybe selling time because of false price action movements. actually my analysis clearly saw that daily candle already break the trendline structure. so now we...
As described with chart, please use proper money management, don't over margin your trade!
Hi everyone, if you had learn anything about price action, here it is, clear price action movement of USDCAD (IF! the previous high is not broken) Consider proper money management, the risk will be at highest around 100 pips, and if the price action move nicely in the future, the reward will be above 300 pips within a month or two. So let see what will happen,...
With gold showing strength from Friday and dollar showing potential weakness for intra day trade, looking to short ucad
Price is now under the 200 day simple moving average on a daily chart and im looking for sell opportunities all week. I will be looking to enter a sell immediately when the market opens and after the spreads get low! I will look to sell toward the area with the green trend line! You can see it on the chart!
Seeing a lot of people shorting UCAD - looking for price to rip up to 1.33800
FX:USDCAD OANDA:USDCAD
USDCAD Setup: ABC Confluence: BRN CRS Entry: Buy @ 1.3320, SL @ 1.3280 (40 pips), TP @ 1.3300 (80 pips)
USDCAD Setup: HNS Confluence: ABC Structure Structure Breakout Entry: Sell @ 1.3260 SL @ 1.3310 (safe zone) TP @ 1.3160 TAYOR Let me know what you think
I'm seeing a nice triple Top Resistance combined with a strong Trendline from the past that are holding the price above 1.3330, let's short.
PARAMETERS ON CHART.... SECURE PARTIALS WHEN UP 10-15PIPS