Hey tradomaniacs, the previous breakout of the primary trendchannel could continue and confirm the trendchange! Technically a great chance to buy, even though fundamentals can still be tricky! LEAVE A LIKE AND A COMMENT - I APPRECIATE EVERY SUPPORT! Wanna see more? Don`t forget to follow me!
For UsdCad the trend is not only down, but aggressively down. At this point, the pair is in 1.2 important zone support, a support that held in 2015 and 2017. The daily structure is a rectangle that suggests continuation. If 1.2 is broken to the downside, the pair can drop to 1.15 psychological support or even to 1.13 technical one. A short trade at this point also...
If you are daily trader, you have a plan on this pair. Happy trading and good luck. Leave comment below and don't forget like this idea. Cheers
usdcad may retest the support agan before raise. We have one more chance to open buy here.
USDCAD has create double bottom and located on strong support daily. let we see how DXY dominant on CAD. Like and comment below here.
USDCAD still on bearish pressure.
There's strong impulsive breakdown since last year but eventually it came to Monthly major Support i.e 1.2255.Seems like USDCAD holding above that critical zone. Daily candle closed in BULLS favour. Bullish Harmonic Pattern, RSI and Price Action still favouring BULLS. However, UC needs to break consoldation zone 1.2330 for proper BULL run. Trade safe...
I try to buy with small lot 3 days ago. But USDCAD very slow movement and stuck on bottom. Dont forget use Money management wisely If you have any idea, leave comment below and dont forget give like. Thank you
Price has been reacting to this structure and has lately been serving as a support for price. would it hold once more this coming week?? lets see
Hello Traders, here is the full analysis for this pair. Watch strong action at the current levels for SELL. GOOD LUCK! Great SELL opportunity USDCAD . I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it,...
USD/CAD fib retest and short into Lower levels.
- Price in consolidation zone, currently approaching clear support level - Anticipating a stop hunt institutional move, fake to downside to take out retail buyers - Then pierce back into support level and retest before measured push towards supply zone
Hello Traders, here is the full analysis for this pair. Watch strong action at the current levels for SELL GOOD LUCK! Great SELL opportunity USDCAD . I still did my best and this is the most likely count for me at the moment. Support the idea with like and follow my profile TO SEE MORE. Traders, if you liked this idea or if you have your own opinion about it,...
UC going to short. Its create rising wages with hidden bearish divergence!
1. Reversal zone with reversal pattern HCH 2. Fibonacci resistance 61% 78% zone 3. Retrecement pattern breakout and retest