The USD/CAD currency pair presents an intriguing opportunity for a sell trade, with technical indicators suggesting a potential downward movement in price.
Technical Analysis:
Resistance Level: The pair is currently approaching a significant resistance level, which has historically acted as a barrier to further upside movement. This resistance level indicates a...
Price still makes consolidation and will be a continuation or it will bounce up. If you wanna follow me to take a trade, make sure your money management rule your trade
Looking at catching the pullback move back down to atlest 1.25400, we are still in an overall 4 hr uptrend so make sure if you do enter and go into profit, move those stop losses to breakeven pretty quickly.
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
Hey tradomaniacs,
welcome to new free trade-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: 1,32280
Stop-Loss: 1,32750
Target 1: 1,31875
Target 2: 1,31550
Target 3: 1,30950
Stop-Loss: 47 pips
Risk: 0,5% - 1%
Risk-Reward: 3,0
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Hey tradomaniacs,
welcome to a new free trading-setup.
USD/CAD: Daytrade-Execution
Market-Sell-Order: 1,31060
Stop-Loss: 1,31355
Target 1: 1,30800
Target 2: 1,30600
Target 3: 1,30400
Stop-Loss: 29 pips
Risk: 0,5% - 1%
Risk-Reward: 2,23
LEAVE A LIKE AND A COMMENT - I appreciate every support! =)
Peace and good trades
Irasor
Wanna see more?...
Hey tradomaniacs,
welcome to a new 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: Day-Swingtrade-Execution
Sell-Limit: 1,32300
Stop-Loss: 1,32650
Target 1: 1,32025
Target 2: 1,31810
Target 3: 1,31610
Stop-Loss: 35 pips
Risk: 0,5 % - 1%
Risk-Reward:2,02
LEAVE A...
