Hi traders, USDCAD is setting up for a upside move i am expecting from price to come around our mentioned area and looking price action for a long position opportunity GOOD LUCK.
Hi traders, USDCAD is setting up for a upside move i am expecting from price to come around our mentioned pattern completion area and looking price action for a long position opportunity, if price break 1.39753 level without hiting our mentioned pattern completion area then this setup will be invalidate.
Trade with your own strategy GOOD LUCK.
As you can see, price dropped from a very strong order block around 125820, after breaking out of a bearish flag, followed by a strong trendline break. Im hoping to see price go even lower after that rejection on the EMAs. I am waiting for price to close below the current zone to open another position.
*Disclaimer*
This is not financial advice. Forex trading is...
We expect to buy this pair because the market is experiencing a strong support level at the bottom and the new Jerusalem Indicator has already turned blue/green so we buy happily. We know what we are doing and we do what the market is doing. This is more than an institutional analysis. Invest at your own risk. Hope you will profit with us in this one as well. The...
We expect to buy this pair because new Jerusalem Ultimate bands is indicating a support level and there are early signs of reversing backwards. There is a strong bullish pull back awaiting the market opening to manifest. Our target in this one is 220 pips in profit and our risk to reward ratio is 1:3R The entry and exit points are as indicated on the chart. After...
This Pair has broken out of a strong support zone with a bearish engulfing with a retest happening on the h1 where dojo candles are forming showing rejection of the zone.
Confirmations for trade:
Bearish engulfing breaking support.
Retest candles on H1
H4 and H1 MA showing bearish volume in market
NY open under support becoming resistance.
USDCAD has broken out of its consolidation range and has given a nice retest of the previous structure of price within the 61.8% fibo zone. WIth bullish movements of this zone will indicate a new impulse in the market to take it to the upside.
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
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