Canadian Dollar Futures trade ideas

oussama1553

After a downtrend we have a trading ring situation so we will have two possibilities: • A strong breakout with a green candle with a high volume then a very strong buy signal. • A breakout with a red candle then a very strong sell signal. Personally, I recommend the first hypothesis.

mattsmarket

I got long here. if price beaks the low it will be a change in behavior thats been going for a few months. a 20 pip stop on a 240 chart is cheap risk and gets me below the recent low and below the major down CME_MINI:MCDM2021 swing. if price fails and cracks the major swing , we could double that move to the downside. if it hold here, I see a try for new highs.

mattsmarket Updated 

cadusd long to median line 6.88 to 1 rr. major swing entry after it made the low. CME_MINI:MCDM2021

Younes-Analyst20

Hi everyone, As you can see from the graphic there is a strog signal that the CANADIAN DOLLAR FUTURES is in rise, i recommend to buy 6C1!

Younes-Analyst20

Hi everyone, as you can see from the graphic it is an incredible increasing trend, i recommend to buy 6C1!

Younes-Analyst20

Hi, as you can see the buyers are taking the advantage now in the market, a good opportunity to sell 6C1!

TRADIN_GR

An opportunity to buy and target 0.79440, after confirming the upside scenario

Hyunmu Updated 

+2 Using the moving average +1 High time frame (1H ~) +1 Trend trading +1 minor Support Line Strategy Quality 5 / 10

omaritto35

I think the canadian dollar will fall

noureddine_222

waiting for breaks the resistance

noureddine_222

if the support breaks , will go down

TRADERZAKI

THE CHART GIVES US A STRONG PROBABILITY THAT THE CANDIAN DOLLAR WILL CONTINUE ITS FALL

Al-manartrading

That was a nice a trade on the Canadian dollar with great profits!

Charif-Mohammed-forex

G

muis2 Updated 

Entry: 0.74480 Target: 0.75500-0.76500 Stop loss: 0.74000

GlobalInvestFutures

after a long trading range, the market dropped. Then a pullback trying to reach the previous support was entamed. if the market has a strong green volume, it is obvious that we will reach the previous tops of the market. If else, the support (yellow) will be broken and the market would begin a descend. So let's look at the volumes and see what algotraders will decide...

EMar336

Looking to get long the Canadian on the Daily time-frame. Either enter use a LTF on way out or take the zone in Forex so you can limit risk.

dahbaoui

analyze: 6c1