USDCAD (SHORT)- If all the resistance holds in place. If we see the Resistance broken out then we could see the shift in the trend. I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session and only enter...
Hello traders, USDCAD is bearish on DAILY/ 4H chart. Setup a selling order down to the green support dash lines as targets with highest RR>4. GOOD LUCK ON THIS PLAN. LESS IS MORE!
Still expecting UCad to fall and a possible closure below yesterday’s low.
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
Am entering in on the retest for a quick 3.1R which becomes around 4R after scale-in. Like and Subscribe.
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
When price gets delivered to a demand zone in a compression format, It usually means a liquidity grab is coming. Price could either fall through the demand zone aggressively OR gives buyers an initial lure before dying off as illustrated. Either way, this is a great pair to watch today! Let me know what you think in the comment section 💬
The Structure looks good to us, waiting for the this to correct and then give us these opportunities as shown on the chart. Note: its my view only and its for educational purpose only. only who has got knowledge in this strategy will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the...
USDCAD (SHORT)- If all the resistance holds in place. If we see the Resistance broken out then we could see the shift in the trend. I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session and only enter...
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🙌
#USDCAD USDCAD is currently going UP. This is because the CAD is quite WEAK and the US CPI DATA is very POSITIVE. Currently, MARKETS OVERALL RISK is being OFF. For that reason, we can see that CAD is becoming quite WEAK. They are currently working to make the USD STRONG with ECONOMIC DATA. Therefore, according to today's US ECONOMIC DATA, STOCKS can go down...
The dollar has strengthened. The dollar index has grown. According to the analysis, after crossing the trading range, we will definitely see the growth of the dollar. buy and hold
USDCAD has given a breakout from the most important resistance of 1.30780 where the price was unable to cross it for most of the time. Recently we saw a consolidation (box) before a breakout and upside targets are achieved. Now we still think the upside potential is there and the price can go high from here Trade your levels accordingly.
USDCAD (SHORT)- If all the resistance holds in place. If we see the Resistance broken out then we could see the shift in the trend. I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session and only enter...
USDCAD (SHORT)- If all the resistance holds in place. If we see the Resistance broken out then we could see the shift in the trend. I marked the TP 1, TP 2 , TP 3 and EXIT (SL) on the chart. (THIS IDEAS VALID NEXT 24 HOURS) Please note this is only the Trade Idea base on S & R and not a signal, the market can react differently during the session and only enter...
ON 5th July, USDCAD experienced a long bull run during the London session. Afterwards, USDCAD has been having some complications in giving back those orders, but the closure of last week's market and the opening of this week formed a double top formation, giving us a bullish reversal. Hence I'm shorting this trade. NB: USDCAD will fall for 500 PIPS!!!.....its...
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.