USDCAD reversed off its downside confirmation at 1.34162 where it could potentially drop further to 1.33633. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Please share with me your thoughts.
USDCAD establish strong 4-hour support and have a good volume Buy now and it will swing up again. :)
USDCAD to reverse from its downside confirmation at 1.34237 where it could potentially drop further to 1.33633. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
For the guys that can swing..watch out for this idea. Yellen
USDCAD bounced off 1.35096 where it could potentially rise further to 1.35392. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
USDCAD bounced off 1.35918 where it could potentially rise further to 1.36456. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
I am waiting for price to break structure before placing a buy
USDCAD reversed off its resistance at 1.35887 where it could potentially drop further to 1.35415. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Price broke resistance and is retesting it You still have the opportunity to buy in!
USDCAD approaching support at 1.34883 where it could potentially rise further to 1.35441. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Usdcad - h4 - I see price rebounding upto 1.37 on this pair
As you can see from the chart when price falls below this level of support it shoots up and hits the highlighted level of resistance so we will look for buys in the support area. There is alot of divergence on the 4H so i believe this will be the last push to the upside. Once the higher level of resistance is broken, we wait for a retest and buy again!
Based on the 4hr timeframe we could see there is a potential reversal pattern for USDCAD. We could see USDCAD rotate higher as there is an inverted shoulders head pattern / broadening pattern. Price already broken above the resistance. We are going to time our entry on the pullback or retest of support. If prices continue going up, we will skip this trade and...
USDCAD approaching support at 1.35782 where it could potentially rise further to 1.36384. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
USDCAD reversed off its resistance at 1.36261 where it could potentially drop further to 1.35782. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
USDCAD expected to rise up to 1st resistance at 1.35847 where it could potentially react off and drop down to 1st support at 1.35485. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.