Hoping to see another much needed deeper pull back or possible trend change on USDCAD, I've just entered and like I said moving stops to entry point as soon as a few pips in profit as I'm not forgetting the overall 4hr uptrend!
The ENTRY/TP zones are your entries as well as your exits. Everything above the current candlestick is resistance, you would treat every zone above as a sell/potential buy break. Everything below the current candlestick is support, which you would then treat every zone below as a buy/potential sell break if it hits the pip rule. More info on the strategy and how...
As the title suggests, I expect USDCAD to be bullish for 2022. The reason is the fractal (on this 1W time-frame) from 2017 - 2018 that the pair appears to be replicating. As you see this market follows strict Support and Resistance levels, easily recognizable on the long-term scale. The Multi-year Market Top of 1.4700 held during the COVID stock-market melt-down...
The ENTRY/TP zones are your entries as well as your exits. Everything above the current candlestick is resistance, you would treat every zone above as a sell/potential buy break. Everything below the current candlestick is support, which you would then treat every zone below as a buy/potential sell break if it hits the pip rule. More info on the strategy and how...
As price moved in our direction since my last publication on this pair, we scooped over 350pips (see link below for reference purposes) before the reversal setup began. As at the moment, it appears that we are on the verge of a risk of further decline in the coming week(s) as the Dollar lost all it gained during the month of September 2021 and with the appearance...
My last speculation saw the price move over 150pips in our direction before the bulls took over ( see link below for reference purposes). Since breaking above the $1.25000 level in July 2021, I am labelling this level to be a very strong demand zone for the Greenback considering that the obvious that it has held price "supported' in the last couple of months....
We scooped over 500pips from our last publication as price moved aggressively in our direction ( see link below for reference purposes). Earlier in the week, we witnessed high volatility as price hit a high at CA$1.28000 ish only to fall drastically during the week to close below a major Support/Resistance level @ CA$1.26300 with signs expressing doubt of buying...
usd cad is currently in bull run and market is reached at a strong supply zone 1.26200 as we can rejection on lower time frames market will go down to touch the area of very strong demand zone 1.24500 market will consolidate for next before breaking either way so you can enter short with your own money management always remember that discipline with patience...
Pattern: Channel Down (fibonacci) on 1D. Signal: Sell as the price is the closest to the 1D MA200 (orange trend-line) since July 21, 2020. Target: 1.17500 (just above the 1.5 Fibonacci extension). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **...
Pattern: Channel Down on 1D. Signal: Sell as the price is approaching the 1S MA100 (green trend-line) which hasn't seen a 1D candle closing above it since May 29, 2020. Target: 1.1900 (above the 1.5 Fibonacci extension). Most recent USDCAD signal: ** Please support this idea with your likes and comments, it is the best way to keep it relevant and...
Hello Friends as i can see this pair has reached @ strong weekly support zone So we are buying this pair on dips with a very low risk an looking for higher rewards Friends Push like an comments it help alot to reach iea to many other traders Follow us for more updates
HI FRIENDS as i can see this pair is still holing a Strong support Technically we can see alote of time it had retested this support zone and fail to Drop more we also can see this pair right now in over Sold Conditions So we are buying this pair with a very small risk and looking for higher rewards Friends Push likes and comment WE love ur support Follow us for...
Pattern: Channel Down on 1D. Signal: Sell as the price is declining after making contact with the 1D MA50 (blue trend-line) and the MACD formed a Bearish Cross. Target: 1.2320 (the 1.236 Fib extension). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **...
CAD appears to have gained some ground after a strong employment report last week which brings me to re-visit my existing stance on this pair. The price moved over 160pips in our direction since my last publication before meeting selling pressure @ CA$1.265000 followed by rejection at this same area during last week trading session to make a complete Reversal...
Hello Friends as i can this pair is reached @ a strong daily support and created a double bottom Friends we are buying this pair on dips with a very small risk of 0 to 50 pips and looking for higher rewards Chart is pretty easy to understand the reason behind buying this pair We appreciate ur love and support Push like to help deliver this idea to many other...
The price moved against us since my last publication ( see link below for reference purposes) as CA$1.26000 level was unable to hold on the back of crude oil volatility. The Bearish run that has lasted exactly a year appears to be building a reversal pattern with my Key level @ CA$1.24900 representing a Neckline. With the present simple structure, it appears that...
Pattern: Channel Down on 1D. Signal: Sell on the next contact with the 1D MA50 (blue trend-line). Target: 1.2320 (estimated 1.236 Fib extension). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **...
The Bearish trend that began in October 2020 appears to have found a bottom @ around CA$1.24500 as the pattern transpose into what looks like an Inverse Head and Shoulder - a very strong reversal pattern. My last publication on this pair still holds as I continue to look for Bullish expectations (see link below for reference purposes) following signs of positive...