ive been watching usdcad to potentionally short since last week because USDCAD found resistance its been refusing to break but now that it looks more bullish and looks to have found major support im looking for buys
the price has been moving in really nice waves around an uptrend line right now we are witnessing a third wave so we can enter buy trade very soon
Today's focus: USDCAD Pattern – Heavy Resistance Support – 1.3514, 1.3454 Resistance – 1.3602 Hi, traders; thanks for tuning in for today's update. Today, we are looking at USDCAD daily. What are we discussing and asking today after looking at USDCAD? Will current heavy resistance contnue to block buyers? Does price have enough momentum in its current bull...
USD/CAD is falling towards an overlap support and could potentially bounce off this level to climb higher. Buy entry is at 1.35800 which is an overlap support that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 1.35400 which is a level that lies underneath a pullback support and the 50.0% Fibonacci retracement level. Take profit is at...
Usdjpy showed signes of bearish price action. before market closed thursday i got in usdjpy sells and i was up $230 profit with a floating balance of $333. After USDJPY NFP new came out friday it quickly moved to the upside surpassing my entry by 10 pips or less so i got out at a $30 loss leaving my account with a remaining balance of $112. * Market outlook and...
Hey Traders, After CAD employment data just came out, USDCAD is further moving down. We arriving at level of Key Technical bias, with ISM US News awaiting. Watch for more.
USDJPY did exactly what was explained in my first break down. I'm still sell biased and i feel like NFP is only going to push price to the downside also so everything should work in my favor.
This entry strategy will boost your win rate, this is literally the entry strategy that has boosted my win rate by 99% don't slip on it guys.... Disclaimer: Trading the financial market carries huge risk, my contents and materials are based on my own personal experience I have had in trading. you could potentially lose all your money. so do not blame me for any...
USDCAD structure looks pretty amazing on higher and lower timeframes. really not much to say. everything is in the videos . hope you guys watch the whole thing and paying attention
USD/CAD is rising towards a pullback resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.36093 which is a pullback resistance that aligns close to the 61.8% Fibonacci retracement level. Stop loss is at 1.37860 which is a level that sits above the 78.6% Fibonacci retracement level and a pullback resistance. Take profit is at...
📊 Explore the dynamic world of forex trading with our latest video on the USDCAD current market outlook! Join us as we dissect the movements of the US Dollar (USD) against the Canadian Dollar (CAD) pair, offering valuable insights into current market trends, key support and resistance levels, and potential trading opportunities. Whether you're a seasoned trader...
USDCAD RBR on HE as a Bullish continuation H1 Mitigation CHOCH + RTO possible
using two uncorrelated pairs to confirm your trading positions could be very difficult. but in all please stick to your plan, do not risk it all in a trad, anything can happen, nothing is guaranteed in trading.
USD/CAD is falling towards a potential breakout level and could drop lower from here. Sell entry is at 1.35791 which is a potential breakout level ( wait for the 1-hour candle to close below 1.35791 for confirmation ). Stop loss is at 1.36240 which is a level that sits above a multi-swing-high resistance. Take profit is at 1.35230 which is a pullback support...
CAD The Canadian dollar currency is very important in forex, which I have mentioned below to explain some of them: Oil production: Canada is one of the largest oil producing countries in the world. This country has a lot of oil resources, and the export of oil and oil products, as the main sources of income, play an important role in the Canadian economy....
USD/CAD is falling towards a potential breakout level and could potentially drop lower from here. Sell entry is at 1.34684 which is a potential breakout level ( wait for the 1-hour candle to close below 1.34684 for confirmation ). Stop loss is at 1.35083 which is an overlap resistance. Take profit is at 1.34378 which is a multi-swing-low support. High Risk...
Trade idea for a friend bos This video i wil show him how to entry with a bos
Just an update on the pair...Looks like price is respecting our HL area hopefully preparing to break the LL areas..Currently have positions open on those levels (Trade 3)