Potential short before big longingFor this week, i expect this short to happen and a start for a big long by the time market closes this friday and/or next week. Market can also act opposedly to this idea, thus beware!by EdmondNg1Updated 1
USDCAD, SHORTS are piling up..BUYERS exiting. prep for DESCENDUSDCAD based on daily data is conveying a significant increase in short positions -- and buyers/LONGS exiting. Expect some series of descend (downside) from the current price point. Spotted at 1.36 TAYOR Safeguard capital always.Shortby JSALUpdated 3317
USD/CAD H4 | Rising into swing-high resistanceUSD/CAD is rising towards a swing-high resistance and could potentially reverse off this level to drop lower. Sell entry is at 1.3724 which is a swing-high resistance that aligns with the 100.0% Fibonacci projection level. Stop loss is at 1.3754 which is a level that sits above a swing-high resistance. Take profit is at 1.3681 which is a pullback support. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.Short02:59by FXCM2
USDCADPrice patterns, technical indicators and models were analyzed to perform a technical analysis for the USD/CAD currency pair trading length to identify potential upside signals Use a daily weekly schedule for long-term in-depth analysis. Look for high highs and low lows on the chart, indicating an upward trend. Identify key support and resistance levels where price has shown significant historical trends. These levels can help determine entry and exit points. Common time periods are 50, 100, and 200-day SMAs. A value above these averages may indicate an upward trend. They are more sensitive to recent changes in prices. It measures price trends and volatility. An RSI above 70 indicates an overbought condition, while a below 30 indicates an oversold condition. It identifies signals that can be bought and sold based on the relationship between two moving averages. It measures variables. Price movement out of the bands could indicate potential buying signals if it crosses the lower band to the upside. Look for bull motifs like ascending triangles, cups and hands, or upturned heads or shoulders. I use a data set with historical USD/CAD prices. Once I have the data, I will conduct the analysis as described.Longby TFXBR0
USDCAD trading plan 3 june 2024Timeframe 1 hour Plan: Sell limit price at 1.36616 - 1.36776. Stoploss at 1.36874 Reason to sell: Strong legout with 3 candles and create imbalance Short time in base with only 2 candles Fresh Zone minimum 1:2 RR EMA 50, 100, 200 are in line (confirm downtrend) Origin Zone Zone overlapping with h4 zone Shortby yogy.frestarahmawanUpdated 0
USDCAD tm:1hHello traders. I hope you doing well. These areas are based on my personal strategy and I will share it with you. Open a sell position on the supply area or open a buy position on the demand area. Your entry point, stop loss, and target point are based on money management and the amount of money in your trading account. But I promise you that by trading in the areas of my trading strategy, you will definitely make a profit, because these areas, although they seem simple, are my experience of 8 years of learning and trading. I hope you will achieve maximum continuous profit with me by using supply and demand areas. Good luck traders. Mohammad Goodarzi by itsbluemorpho1
USDCADThis Weekly FORECAST Opportunity for USDCAD. This setup trading idea is for swing. >> TAYOR Risk Factors: 1. Market conditions, unexpected news, or external events could impact the trade. 2. Always use risk management strategies to protect your capital.Shortby TREND-TITAN0
1.3600 is line in the sandIntraday Update: A very strong response off the 1.3600 level once again for the USDCAD, which will solidify it's importance this week ahead of the Bank of Canada rate decision and jobs report at the end of the week. by ForexAnalytixPipczar1
USDJPY Long...USDJPY Long... If it breaks above the triangle, the continuation of the trend will definitely be bullishLongby alishaban1
CHFJPY Bearish RSI DivergenceCHFJPY expected reversal as there is bearish divergence and formation of red candle.by H2TO0
USDCAD BUYUpdate on USDCAD.. As earlier posted, we're expecting USDCAD to push about 100 pips up due to strong dollar index. Price has respected the daily trend line and moving as predicted Longby akumjoel111
USDCAD BUY NOW!!!!!!!!!!!USDCAD made a false breakout in structure in the sell side liquidity now price made its way back into the trend heading to grab liquidity above 1.37000 before dropping to the floor JOIN AND ENJOYLongby CAPTAINFX21
USDCAD Bullish ReversalUSDCAD shows bearish divergence and the upward trend. Trade plan is to buy at the break of a higher high (HH), anticipating further upsideby H2TO0
USD/CAD: UPTREND ON THE 4 HR TIME FRAMEHi! I put my support and resistance in the daily time frames and a trendline in the 4-hour frame. I saw a breakout on the downtrend line, and I predict an uptrend on the 4-hour frame. I'm just keeping it simple. Thanks for taking a look! Longby themarketmoves1
USDCAD Support Breakout Rejection At 1.36101 03.05.2024- Support breakout rejection at 1.35895 on 30-minute USDCAD chart. - If rejection holds, high chances of exchange rate rising to 1.36368; breaking 1.36368 may push it higher. - If rejection fails, high chances of exchange rate dropping to 1.35764; breaking 1.35764 may push it lower. - Apply risk management Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of your invested capital. These products may not be suitable for everyone, and you should ensure that you fully understand the risks taking into consideration your investment objectives, level of experience, personal circumstances as well as personal resources. Speculate only with funds that you can afford to lose. Seek independent advice if necessary. Please refer to our Risk Disclosure. BDSwiss is a trading name of BDS Markets and BDS Ltd. BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene. BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Suite 3, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles. Payment transactions are managed by BDS Markets (Registration number: 143350) Longby BDSwiss_Academy0
Falling towards a pullback support, could it bounce from here?USD/CAD is falling towards a support level which is a pullback support and could potentially bounce from this level to our take profit. Entry: 1.3590 Why we like it: There is a pullback support. Stop loss: 1.3563 Why we like it: There is a pullback support level which lines up with the 100% Fibonacci projection. Take profit: 1.3658 Why we like it: There is an overlap resistance level. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.Longby VantageMarkets10
Bullish movementEURUSD showing signs of possible upward movement with a good risk to reward ratio of 1:4.Longby ytex821
USDCAD Long Bulls takeover begins Now. Price will more likely than not, take the previous months high. Watch price action on Monday London session and catch the huge swing.Longby cyrille2541
USDCADUSDCAD. I marked the previous year high/low, price will always retrace above or below the open/close that created that high previous open/close. If price does that and respect it, I do the same thing on current year low and same thing on current month low. I will upload a video to explain better.by nilotraderfx111
USDCADUSDCAD. I marked the previous year and high, Price will always retrace back to the open/close. If you mark the previous high and go to the weekly time frame, marking that open and close that formed the previous weekly high, you can see that price retrace above open/close and drops from there. Thats a bearish scenario. Same thing happened this year, price created the current year high and retraced above open/close, thats second bearish scenario. I expected price do the same thing this month, to retrace above the open close on that daily candle that created the current monthly high. Once price retraced above e left a rejection + OB, I left a sell limit for price to retrace back mitigate that zone and drop.by oliveiradanilo111
USDCAD Bullish Trading IdeaDisclaimer, these ideas are for my records of what I see in the market after taking a trade. It will help me document the reason of why I took the trade so I can have a track record. And as such, this is not a financial advice. I've noticed that at the monthly timeframe the pair is doing a wyckoff distribution schematic. Then at the weekly timeframe, the pair once more is doing a wyckoff distribution schematic. At the daily timeframe, I've identified a potential area of interest delimited by the fibonacci levels 1, 0.5, and 0 (orange lines). I believe the price is trying to reach that area of interest to get right of the liquidity delimited with the lines that have the $$$ above them. At the 4 hour timeframe, the price appears to want to go higher, potentially giving strenght to my trade idea. Given these findings, I'll be entering a buy position until it reaches the fibonacci levels, then I'll start looking for sells.Longby jask_skullUpdated 1118
USD-CAD Long From The Rising Support! Buy! Hello,Traders! USD-CAD is trading along The rising support and The pair is already making A bullish rebound so I think we will see A further move up Buy! Like, comment and subscribe to help us grow! Check out other forecasts below too!Longby TopTradingSignals118