Buy at market 1.3278 Stop at 1.3225 Profit towards 1.3342 and 1.342
USDCAD reversed off its resistance at 1.32926 where it could potentially drop further to 1.32208. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
We can see in the chart price failed to break through support and was pushed to its next support level where it fell through. I am waiting for price to break through the area before buying to my initial target We can also look for an additional buy opportunity at the previous support (now resistance) level
USDCAD bounced off 1.33811 where it could potentially rise further to 1.34490. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Hello my friend, Today i spotted a nice buy setup on USDCAD pair. There is a bullish divergence on daily timframe and a nice inside bar pattern so i am looking into 4hr timeframe to time my entry. Surprisingly, there is an inverted shoulders head pattern forming and i think we are going to see price broken above the neckline soon. Buy USDCAD 1.3420-30 Stop loss...
USDCAD bounced off 1.34066 where it could potentially rise further to 1.34490. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
we have two positions here,(NOT FOR SMALL ACCOUNTS, UNLESS YOU HAVE ELEPHANT BALLS) double bottom on the DAILY Time Frame (SWING) +500 PIPS TP and -150 Pips SL Multiple Rejections of my support Level and a huge rejection of my FIB Gold zone. +200 PIPS TP and -64 Pips SL Kindly LIKE and FOLLOW for more THANKS
Hello Sophisticated Trader, Our last analysis was over 300+ in gains, now the USDCAD has found some support and is due for a bounce. Currently, closing back above1.3400 suggests a potential test of 1.3500 and a potential test of 1.3700, oversold conditions also support this and only a close below 1.3330 would negate this bounce. Like, Comment, and Follow. Let's...
Lets start off, by looking at the overall picture of USDCAD. We can see a nice double bottom pattern in the daily chart which I believe a nice "W" shape can occur. If we look closely, we can see that price level rejected off a key trend support level with a nice BULLISH upside movement. As of now, I am seeing a possibility for USDCAD to hit the 78.6 fib level...
USDCAD to reverse from its downside confirmation at 1.33193 where it could potentially drop further to 1.32618. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
USDCAD to reverse from its downside confirmation at 1.33636 where it could potentially drop further to 1.32743. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
USDCAD to reverse from its downside confirmation at 1.33773 where it could potentially drop further to 1.33111. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.