Hi guys, i'm already involved in a CAD trade so i'm not taking this one. Nonetheless i want to share it with you so that anybody could take advantage of this opportunity and maybe get something out of it. Here we can see price is giving us different hints of its reversal. First, it's right in the previous resistance zone (where sellers are ready to join the...
Hi guys, i'm already involved in a CAD trade so i'm not taking this one. Nonetheless i want to share it with you so that anybody could take advantage of this opportunity and maybe get something out of it. Here you can see price is giving us different hints of its reversal. First, it's right in the previous resistance zone (where sellers are ready to join the...
stop was hit on previous trade. However I still believe this pair will drop
The dollar has made some good gains, breaking 1.32 resistance. I'm expecting things to push downard shortly
Price just this past week hit a key support area on the daily chart, now we just need a little bit of patience for price to give us the right confirmation for it to come to show signs of continuation to the downside. BE DISCIPLINED AND WAIT! Click to join: t.me Need one on one guidance? Let a trader help! www.blueprintforex.com
We see the price rejection from 1.3210 second time that makes double top on 30M chart. We take short position and book profits at 1.3070.
Bat pattern on fleek!!! This is only a trading capability - no recommendation !!! Next week i`ll confirm or change my opinion about this setup :) Buying/Selling or even only watching is always your own responsibility ... Best regards #brocorporation
Will be waiting for confirmation on a strong bearish movement
a break below here will unfold the move towards 1.2820 and 1.28, 1.25 is the extension there which will be unlocked once we see a break below the neckline. The 1.34 handle is there to be respected, RSI also looks to break below here to further activate the waterfall. Gl and please remember to give this idea a thumbs up!
Sell below 1.3180. Stop loss at 1.3600. Take profit at 1.2500. Reason for the trading strategy: We remain bearish below 1.3180 resistance (Fibonacci retracement, bearish pullback) especially with the break of our long term ascending-turned-resistance line signalling a bearish exit to be seen for a drop towards at least 1.2500 support (major swing low support,...
There is a downtrend in USD/CAD. Set Entry level as 1.30658, TGT - 1.30453
Depending on Crude Oil Inventories numbers coming out today, I believe USDCAD have been looking downwards for some time. If you see the RSI that have made a few bursts upwards, price didn't break the previous high on those bursts. MACD about to form a double wave. So I see a much bigger selling attitude from all traders. It would be wise to wait to see if it...
To keep updated on this trade joi our free signal group..link in my bio!!!
To keep updated on this trade joi our free signal group..link in my bio!!!
Flag pattern showing the continuation of the downtrend, triggering short trade on the pair, SL & TPs are shown on the chart
Price made a break to the downside through the phase line of the channel, came back, tested it and got rejected. Very tight SL but still some room for another possible test.