looking to move down towards the area of high volume. Always manage risk. NFA
Here is my view for USDCAD on H1. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Hello Traders. If USDCAD breaks the low marked, then you can enter in the pullback. Targets and SL is shown.
after the creation of reversal pattern '' Double Top '' and the confirmation of breakout of the resistance we can take sell position
USDCAD sell trade in progress. Working the H1 time frame. Reversal trade identified. Trade details can be found on the chart in red label. Trade box shows entry, SL and TP target. Thanks for looking Darren🙌
FX:USDCAD The blue and red lines mean: I think prices can return in these areas. Green lines mean: I think the price can reach these areas. They are therefore known as transaction targets. If you want to use this deal, please risk only one percent of your account balance.
Here are some of the setups that I see for USDCAD. Price Action will tell me how to proceed.
USDCAD analysis update and I’m seeing it’s going to move for +100 PIPs to the downside ✅
The market of USDCAD made fake breakout to descending trendline and now moving downside. I believe USDCAD will fall more. Better to look sell opportunity on it.
USDCAD Sell/Short, Continuation of Downtrend. Entry: 1.29454 1) Has lined up with golden level 0.618 Fibonacci retracement level for recent swing high 2) Top of a short term bear flag channel and short term recent resistance Stop Loss: 1.29834 1) Above 0.786 Fibonacci retracement level 2) Just above some swing highs on Daily Chart Take profit (3): 1.27059 TP1...
As we can see the price has been moving in a bullish direction for several days. We are starting to see signs of potential market exhaustion which could signal a potential reversal. There has been a change in market structure from bullish to bearish as we can see from the breakout of the key level. The entry for this trade was at the test of the key level and the...
Here is my view for USDCAD on H1. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
On the monthly and weekly time frame, prices tested and reversed off a key resistance zone at 1.3080 with bearish order flow seen on the H4 time frame, as price broke the recent market low at 1.2920. On the H4 time frame, a pullback to the resistance zone at 1.300, in line with the graphical resistance level, 61.8% Fibonacci retracement and 61.8% Fibonacci...
H&D neckline break and minor structure break high probability for sells.
Here is my view for USDCAD on H1. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Good morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a USD/CAD Sell. Enjoy the day all. Cheers. Jim
We are seeing the USDCAD to go down and break the 1.27$ mark. Let's get started! (Make sure to hit LIKE!) If the price hovers around this current market price then soon we will see a long sell which could give us minimum of 200 pips profit