According To Fibo Extension + Channel USDCAD VS OIL Price TP And SL
USDCAD (SHORT)- If all the Resistance holds in place. If we see the resistance broken out then we could see the shift in the trend. I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart. (THIS IDEAS VALID NEXT 24 HOURS)
USDCAD (LONG)- If all the Support holds in place. If we see the support broken out then we could see the shift in the trend. I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart. (THIS IDEAS VALID NEXT 24 HOURS)
USDCAD (LONG)- If all the Support holds in place. If we see the support broken out then we could see the shift in the trend. I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart. (THIS IDEAS VALID NEXT 24 HOURS)
We knew it was coming, as predicted in our related ideas below. As soon as it came, we jumped at the opportunity and got involved in swing buys with a tight stop loss. I now expect this move to rise up to 1.26, AT LEAST. Hopefully, you guys managed to catch the same move.
Undoubtedly, since mid-March, CAD has dominated the market, and with USD has strengthened more than 2500 pips, reaching a local low at 1.2 at the end of May. A first leg of correction has followed and a new drop after this. However, this new drop has found bids in 1.23 zone and we have 2 Doji candles on our weekly chart that can signal a higher low is in place. I...
The dollar cad traded is largely range bound this week. The coming week should see a break of trend to either side but our bias is to the downside as structurally on the longer term charts, it looks bearish. BEAR CASE If bears find conviction, we should see a retest of 1.2 before some consolidation and more downside. BULL CASE As we enter the first week of...
USDCAD (SHORT)- If all the Resistance holds in place. If we see the resistance broken out then we could see the shift in the trend. I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart. (THIS IDEAS VALID NEXT 24 HOURS)
Please refer to my related idea to get a better understanding of the long term vision for this pair. I would love to buy this pair here but I am fearful that retail is buying heavily here leaving this area open to manipulation. I think it would be sensible to wait for a deeper retracement before we buy up into our target area. What do you think of this setup? ...
USDCAD (SHORT)- If all the Resistance holds in place. If we see the resistance broken out then we could see the shift in the trend. I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart. (THIS IDEAS VALID NEXT 24 HOURS)
USDCAD (LONG)- If all the Support holds in place. If we see the support broken out then we could see the shift in the trend. I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart. (THIS IDEAS VALID NEXT 24 HOURS)
USDCAD previously rejected a major support/resistance level as well as a weekly fib level and the weekly 200ema. The way i trade is from one major level to another, so the next tp is 1.20255. But before that, i knew that price could stop and react to this 1.2300 support level , which it did. i entered after seeing the 1H and 4H charts were illustrating a ...
USDCAD (LONG)- If all the Support holds in place. If we see the support broken out then we could see the shift in the trend. I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart. (THIS IDEAS VALID NEXT 24 HOURS)
USDCAD (LONG)- If all the Support holds in place. If we see the support broken out then we could see the shift in the trend. I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart. (THIS IDEAS VALID NEXT 24 HOURS)
USDCAD (LONG)- If all the Support holds in place. If we see the support broken out then we could see the shift in the trend. I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart. (THIS IDEAS VALID NEXT 24 HOURS)
USDCAD (SHORT)- If all the Resistance holds in place. If we see the resistance broken out then we could see the shift in the trend. I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart. (THIS IDEAS VALID NEXT 24 HOURS)
USDCAD (LONG)- If all the Support holds in place. If we see the support broken out then we could see the shift in the trend. I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart. (THIS IDEAS VALID NEXT 24 HOURS)
USDCAD (LONG)- If all the Support holds in place. If we see the support broken out then we could see the shift in the trend. I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart. (THIS IDEAS VALID NEXT 24 HOURS)