Another confirmation to go long, nice levels Disclaimer: This does not represent a trade signal, or constitute any form of Investment advice. but rather my ideas on how i view the markets, I am not responsible for any losses or gains made from this. Please use your own discretion
Hello traders, I hope you are all enjoying your weekend off! If it breaks the bullish wedge I will look for buys , for now I am more incline to bearish camp so still looking for sells. Remember to use good MM. Trade carefully. Thank you for your support. www.tradingsignalreviews.com
Going Long on Point B(1.3055) , or better yet for double confirmation go long on 1.29489 Both are excellent places for longs. The Monthly uptrend is still intact . SL @ 1.29215 Targeting point C. Crude Oil is in a declining state and Gold and Silver will follow BRENT as well. USDCAD Long Disclaimer: This does not represent a trade signal, or constitute any...
Daily - We have a ascending broaden wedge and a broken trend line ( light blue line), I honestly expected nice bullish movements after the broken trend line but that didn't happen due to retracement in USOIL and weakness in DXY due to rate hike delay. The retracement in USOIL is over now and we are heading down once again, also DXY has been forming a very nice...
SUMMARY: The USDCAD pair bounced slightly during the course of the day on Wednesday, using the 1.3037 level as support. At this point in time, the market is looking bearish. The primary trend of USDCAD is bearish on charts and price is trading below its support trend line in its hourly chart. In its daily chart the price is sustaining below 50 day SMA that are...
SUMMARY: The USDCAD pair bounced slightly during the course of the day on Monday, using the 1.3050 level as support. At this point in time, the market is looking bullish. The primary trend of USDCAD is bullish on charts and price is trading below its Resistance trend line in its 4 hourly chart. In its daily chart the price is sustaining above 200 day SMA that...
SUMMARY: The USDCAD pair bounced slightly during the course of the day on Friday, using the 1.3027 level as support. At this point in time, the market is looking bullish. The primary trend of USDCAD is bullish on charts and price is trading below its Resistance trend line in its 1 hourly chart. In its daily chart the price is sustaining above 100 day SMA that are...
SUMMARY: The USDCAD pair bounced slightly during the course of the day on Monday, using the 1.2830 level as support. At this point in time, the market is looking bullish. The primary trend of USDCAD is bearish on charts and price is trading below its Resistance trend line in its 1 hourly chart. In its daily chart the price is sustaining above 50 day SMA that are...
Shorting after a breakout and pull-back of the broken trend line. TP is green line.
See the emergence of a Cup and Handle Price formation, as well as what seems to be a rounded bottom which suggests a reversal. RSI suggests some fluctuation, however range has subsisted mostly within channel and we are likely to see a downtrend.
Good to start Mondays like this... B Point of our pattern is almost near 61.8% which results in deep bat pattern completion just around X, which reduces our risk too.This pattern has very good risk reward , even our initial targets have more than 1:2 ratio. As of now USDCAD is about to complete the bearish bat pattern and its just short of 37 pips from our entry...
200 EMA above is going to be targeted, and a break above that would signify a potential long-term set up both RSI - MA show us a bullish momentum Of course keeping in mind the influence of Oil market
The trend line USDCAD has been following since the beginning of this year has broken. 1) MACD divergance 2) Trendline broken 3) Great win/loss ratio wait for a pullback before you buy first tp = the first yellow line second tp = the second yellow line sl = look at graph
this pair has been in a bear market for past few weeks.. I'm still jumping on any signs of it continuing to go south and i have one here just below support.. i expect prices to continue downward.
My first forex is GBPJPY, but, it is going up and i miss it.. So during waiting GJ. I am scout new forex and found this USDCAD. Maybe it will make the 1-2nd wave and going up to 3rd wave. My plan: IF it not Lower low than 1.26253, I am waiting to break Trend line and BUY. After break 1.275, I will put another BUY. Plan B: If it going down , Let it be....
USDCAD has hit the end of my channel, expecting upward movement to the yellow line, then either back down or head towards the upper blue channel. SL : red line TP : Yellow line Goodluck