Hey tradomaniacs, welcome to another free trading-setup. USD/CAD: Daytrade-Execution Market-Sell-Order: 1,27500 Stop-Loss: 1,27960 Point of Risk-Reduction: 1,27160 Take-Profit: 1,26400 Stop-Loss: 44 pips Risk: 0,5% - 1% Risk-Reward: 2,50 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t...
1. Break and retest of trendline 2. daily bearish engulfing closed past previous support 3. waiting for a pullback onto 38.2 or 50% of bearish engulfing candle 4. waiting for price pattern confirmation(double top) for entry possibility
We are caught in an ugly range on this pair, we are currently trading at a key supportive region which is most likely going to be stop hunted. I would like to see a push below support into the liquidity pool marked before rejections to the upside. We need to monitor the DXY constantly to see whether or not this move will be valid next week.
Our updated USDCAD chart: price in a wedge, volatility will arise in the next 2-3 working days. The range is 1,283 for Long set-ups and 1,27 for Shorts. Most likely a drop. ps. both Canada and the US had bad data. Oil prices high helps the Cad against the USD
Hey tradomaniacs, welcome to another free trading-setup. USD/CAD: Daytrade-Execution Market-Sell: 1,28000 Stop-Loss: 1,28490 Point of Risk-Reduction: 1,27630 Take-Profit: 1,26980 Stop-Loss: 49 pips Risk: 0,5% - 1% Risk-Reward: 2,10 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t...
This looks like it has run out of steam and will continue back downwards. EMA's are close to crossing and MACD looks set to go bearish. Target is the previous low at 1.25899
Double top at resistance with RSI divergence. Sell USD CAD
Hey tradomaniacs, welcome to another free trading-setup. Notice: This is meant to be a preparation for you! As always we will have to wait for a confirmation! USD/CAD: Daytrade-Preparation Market-Sell: 1,28040 Stop-Loss: 1,28580 Point Of Risk-Reduction: 1,27580 Take-Profit: 1,26900 Stop-Loss: 56 pips Risk: 0,5% - 1% Risk-Reward: 2,0 LEAVE...
Price has ran into a strong-ish sell zone and has reacted well. Look for price action signals for a potential short back to one of the demand zones. I do believe 1.261 is a reasonable end target.
This has moved beyond the upper trend line but looks like it has reached its peak which is a lower high. Now expect this to drop and possibly create a lower low, but to be on the safer side TP can be at the previous low. SL just above the previous high of 1.27994
Taken a short on USDCAD as it failed to make a new higher high. Looking for downtrend to continue.
Hey tradomaniacs, welcome to another free trading-setup. USD/CAD: Daytrade-Execution Market-Sell-Order: 1,27115 Stop-Loss: 1,27540 Point Of Risk-Reduction: 1,26750 Take-Profit: 1,26100 Stop-Loss: 42 pips Risk: 0,5% -1% Risk-Reward: 2,50 LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see...
USDCAD ANALYSIS Please consider to put a like to my idea for supporting me & subscribe for more ideas. Idea is not the financial advice!
The price has been in a downtrend respecting the light blue trend line. The price is reaching a key resistance area near the downward trend line indicating that the price is going to fall. I expect to enter the trade once it reaches the resistance level and take profit until the price reaches the yellow support level. Adding on to the confluence the price closed...
Hello, This is my analysis for USDCAD at TF 1H. Reason Sell : Strong Resistance at 1.28050 Kindly follow me for more analysis! I might be young but my analysis can be sharp! Goodluck and All The Best!